The Allianz-Țiriac Group has put its former headquarters in the center of the capital, in the Piața Victoriei area, up for sale after they remained vacant following the move to Țiriac Tower. The office function of the buildings could be changed into a hotel or apartments for rent.
One of the properties has approximately 6,000 sqm and hosted the headquarters of some group companies. The second property, which served as the group’s main headquarters, was built in 2009 and has an area of approximately 8,000 sqm. The office function of the buildings could be changed into a hotel or apartments for rent.
The buildings are located 50 meters from each other and near the Grigore Alexandrescu children’s hospital. Both were built by Bog’Art. The properties remained vacant after Allianz-Țiriac moved last year to the Țiriac Tower building, also located in the Piața Victoriei area, where it occupies three floors and an area of 4,640 sqm. Additionally, an Allianz-Țiriac concept store was set up on the ground floor of the tower.
The real estate consultancy firm CBRE holds the sales mandate for the two buildings, and their transaction price can be estimated at 19-20 million EUR.
Frequently Asked Questions
What is the estimated sale price for the former Allianz-Țiriac buildings?
The two buildings are estimated to have a transaction value of approximately 19-20 million EUR.
Where are these properties located?
The buildings are situated in the Piața Victoriei area of Bucharest, near the Grigore Alexandrescu children’s hospital.
What are the potential future uses for these office buildings?
The properties could be converted into a hotel or residential apartments for rent.