The transaction through which the Opera Plaza hotel in Cluj is sold to the Faculty of Law of the Babeș-Bolyai University, for 40 million RON, has been finalized.
The property is one of the most imposing buildings located in the historical area of the city, being also the first 5-star hotel commissioned in Cluj-Napoca.
Following the transaction, it will be transformed into the new headquarters of the Faculty of Law within UBB.
This is the largest transaction concluded in Cluj this year.
Frequently Asked Questions
What was the purchase price of the Opera Plaza hotel?The Faculty of Law of the Babeș-Bolyai University paid 40 million RON for the acquisition of the hotel.
What will the building be used for in the future?The former 5-star hotel will be transformed into the new headquarters of the Faculty of Law within UBB.
What is the significance of this transaction for the local market?This represents the largest real estate transaction concluded in Cluj-Napoca during this year.