Belgium-based urban real estate developer Atenor has signed a bilateral purchase and sale promise with European investment fund Adventum group for NOR Real Estate, a company which owns the @Expo office complex in Bucharest. The promise shall be followed by a sale-purchase agreement by the end of the first quarter of 2023, Atenor said in a press release.
@Expo is an office complex which comprises three buildings and which has a total lettable area of some 48,900 sqm.
Adventum Group is an investment fund established in 2006. Adventum focuses on Central and Eastern European real estate investments.
Atenor is a real estate development company with European expertise which focuses on large-scale projects. It is listed on the Euronext Brussels bourse and since 2007 it has laid the foundation for its presence in Central Europe where it has focused on Romania and Hungary.