M&A alert. Hili Ventures buys ART Business Centre in Bucharest from FBC Exclusiv Company

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Hili Properties, the real estate division of the Maltese group Hili Ventures, has taken over ART Business Centre from FBC Exclusiv Company for an undisclosed sum.

The building, which a surface of 18,600 square meters, is 100 percent leased to Ponderas Academic Hospital, the largest private hospital in Romania, part of Regina Maria Private Healthcare Network, as the anchor tenant.

The 9-story building is in northern Bucharest.

The deal came several months after Premier Capital, a division of Hili Ventures, finished the acquisition of the McDonald’s network in Romania.

“The transaction is a significant one for the real estate market, being the first of the series Hili Properties plc is planning for Romania, a market in which the group already has an extensive presence through the 68 McDonald’s restaurants across the country,” said law firm Suciu Popa, which assisted Hili on the transaction.

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