Țuca Zbârcea & Asociații advises Speedwell on selling a controlling stake of 75% in the Miro office building

Strategic investor Hili Properties, part of Hili Ventures, has purchased a controlling stake of 75% in the Miro office building, developed by Speedwell in northern Bucharest. The remaining stake in the project will remain in the developer's ownership for another two years.

The office building with a 23,000 sqm area was delivered at the end of 2021 and is almost fully leased to Romanian and multinational firms. 

"This transaction once again proves that a quality asset always attracts a quality buyer, not in the least because it attracts high-quality tenants. We are very happy to have Hili Properties as our partner for MIRO, knowing that our visions are aligned in properly managing, maintaining, and further developing MIRO as one of the key office locations in the Baneasa area." said Didier Balcaen, CEO and Co-Founder Speedwell.

The seller was advised by Țuca Zbârcea & Asociații with a team led by Partner Răzvan Gheorghiu-Testa (Real Estate) and Partner Horia Ispas (Corporate and M&A) with help from Managing Associate Vera Aman. The financing matters were handled by Partner Mihai Dudoiu and Managing Associate Cătălin Georgescu.

More details can be found here.