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Belgian firm Atenor sells Romanian office complex stake, exiting market amid economic challenges.
Belgian real estate firm Atenor has sold its stake in Nor RE, the Romanian entity owning the @Expo office complex in Bucharest, marking its exit from the Romanian market.
The building, spanning about 57,666 square meters, is located in a key commercial district.
While the buyer was not disclosed in the official announcement, earlier reports pointed to Adventum Group as a potential purchaser.
The sale reflects Atenor’s strategic shift in its international portfolio amid evolving market conditions in Romania, including macroeconomic pressures and a negative credit outlook.
The transaction highlights ongoing foreign interest in Bucharest’s office market despite economic challenges.
La firma belga Atenor vende su participación en un complejo de oficinas en Rumania, saliendo del mercado en medio de desafíos económicos.