News Article Malta-based investor buys Bucharest office building
by Ákos Budai | Investment

Hili Properties, the real estate division of Hili Ventures, has finalised the acquisition of ART Business Centre in Bucharest from FBC Exclusive Company for €30 million.


Located in the northern part of the Romanian capital, the nine-storey property has 18,600 square metres of gross leasable area. Currently 100 per cent leased, ART Business Centre’s anchor tenant is Ponderas Academic Hospital which has invested heavily in the fit-out of its facility in the property. ART Business Centre’s second largest tenant is Intesa San Paolo which operates its headquarters from the building. Bet Active Concept, Kinetic Sport Medicine, Daas Impex, Topanel and Samsung also occupy space at the centre. 

Hili Properties holds and manages a collection of commercial property for lease in Latvia, Lithuania, Estonia, Malta and now Romania. Its diverse portfolio includes dedicated business blocks, office space in key commercial districts and property housing McDonald’s restaurants. The restaurants are part of Premier Capital plc, the McDonald’s division of Hili Ventures. Premier Capital plc, through its subsidiary Premier Restaurants Romania, operates 68 McDonald’s restaurants nationwide. 
 
Hili Properties is the property division of Hili Ventures, a multi-disciplinary group headquartered in Malta.