The Landmark, developed in 2016, is a BREEM Excellence Certified business park comprising three class A office buildings with a GLA of over 23,700 sqm. Located in the central district of Bucharest, it hosts major companies such as UiPath, Total Energies, Wolf Theiss, Premier Energy and Systematic etc.

Vectr Realty acquired this from funds managed by Revetas Capital and affiliates of Cerberus Capital Management.

"Vectr Holdings aims to acquire well-managed assets and businesses and to continue to grow them. The Landmark is an iconic office building in Bucharest, and we are pleased to add this great asset to our real estate portfolio. It aligns with our standards for efficiency, sustainability, innovation, and productivity," said Chintan Surana, Group CEO of Vectr Holdings. "We continuously work to stimulate economic growth and contribute to the communities in which we operate. This transaction follows our recent in the agricultural market with the acquisitions of Padova Agriculture and Contara, of 4000 ha of fully irigated land, and demonstrates our strong commitment to the Romanian market."

Vectr Realty was advised by legal team of RTPR and advisory team of KPMG, while the seller was assisted by the law firm Wolf Theiss.

Vectr Holdings is a privately-owned group of companies with presence in agriculture, real-estate, fitness, and other investments, with predecessor companies present and active in Romania since 2015. With a commitment to sustainability and innovation, Vectr Holdings aims to create value for its stakeholders and contribute to the development of the communities it operates in.

Vectr Holdings mission is to focus on core human needs: food, shelter, and health. At the heart of Vectr's operations is a commitment to fostering innovation and excellence and a firm dedication to sustainability, innovation, and community well-being.