Bucharest, 18 July, 2019. A major player in the food products industry has recently acquired Hagi Ghita Office building, located in Bucharest’s Central Business District, owned by LSG Group. Crosspoint Real Estate was the sole advisor in the 2.8 million Euro transaction.

Hagi Ghita Office Building is located on 89-91 Hagi Ghita street, very close to Piata Victoriei, and provides 1,500 sqm built office space spread on 5 above ground floors with a typical floor area between 200-300 sqm. The building was delivered in 2013, owner-occupied, and it was initially built by LSG Group, specialized in integrated building technologies as their HQ and flagship facility to showcase their capabilities in terms of engineering and infrastructure.

Thanks to other energy-saving technologies – such as solar panels for hot water production, rotary heat recovery to the ventilation system, HVAC and lighting coordinated a unique building management system without the presence of switches and thermostats in each room, the building is considered the first truly “smart” building in Romania.

The sale negotiations and conclusion were successfully carried out by Simona Urse, Associate Director Office Agency and Cosmin Smighelschi, Senior Account Manager Office Agency at Crosspoint Real Estate. The consultants declare: “The multinational group initially planned to lease an office space for the consolidation of their operations. Crosspoint provided an alternative buying solution, which made sense instead of leasing, that satisfies the requirements of employees in terms of access, quality of the building and the work-life balance”.

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