Colliers has announced that its property management division is set to manage the Victoria Center office building in Bucharest, which has recently been purchased by Solida Capital Europe.
This move strengthens Colliers’ partnership with Solida Capital Europe, the recent acquirer of the property and signifies a major development in their collaboration within the Romanian real estate market.
Victoria Center has a leasable area of 8,600sq m of modern space and holds a BREEAM In-Use Excellent certification. The building currently hosts a diverse range of tenants from sectors including IT, legal, financial services and diplomacy.
Colliers Romania’s property management division manages around 660,000sq m of real estate across major Romanian cities, with an annual service charge budget of approximately €30M.
