Lion’s Head Investments acquires building C in Oregon Park in Bucharest
Lion’s Head Investments announces the acquisition of Building C in Oregon Park, project developed by Portland Trust’s and Ares Management LP, set in the Northern part of Bucharest. The third building (Building C) was completed in June 2019 and has a leasable area of almost 25,000 sqm.
“Oregon Park provides the perfect combination of high technical specifications, efficient office space in a pleasant, attractively landscaped plot of almost 4 ha. We strengthen our amenities and services for our tenants, by bringing in Oregon Park C the most notable fitness provider, World Class. From now on, our tenants will have several choices for lunch, snacking or coffee breaks as well as a state-of-the-art fitness facility operating 7 days/ week,” said Lori Collin, Director Lion’s Head Romania.
Oregon Park comprises of three office buildings, with approximately 70,000 sqm of leasable office space. It attracts not only top international tenants but also offers solutions for efficiency, focusing on controlled-consumption, sustainability and ecology. All of the buildings have been designed with a focus on low energy consumption using renewable energy resources. The development is rated BREEAM Excellent for sustainability. The site cover is only 40 percent with the remainder being for communication and greenery which allows for high levels of natural light to all buildings.
Lion’s Head Investments is a long-term investor in prime income producing commercial properties in Bulgaria and the SEE region. Investors in Lion‘s Head are Old Mutual Property and AG Capital.
AG Capital is a Bulgarian investment group of companies with real estate investments, developments, advisory and asset management capabilities.