Praktiker Real Estate buys Bucharest office building

Business Forum

1 October, 2025 at 4:21 PM

Praktiker Real Estate Romania, controlled by businessman Omer Susli, is acquiring an office building in Bucharest from Allianz-Țiriac. The transaction is currently at the preliminary sales agreement stage and marks another step for Susli in expanding his real estate portfolio, following his 2024 purchase of the Muntenia Business Center office building.

The building has an area of over 8,000 sqm and is located in Bucharest's District 1.

"This new acquisition is proof of our confidence in Romania's economy and its long-term growth potential. Romania remains one of the most attractive investment destinations in Central and Eastern Europe, and through our projects we want to contribute to the development of modern, sustainable infrastructure and to consolidating a stable economic environment," said Susli.

The transaction was assisted by law firm Secu Legal, with financing provided by Garanti Bank Romania. The transaction value was not disclosed, and completion is subject to approval from the Competition Council.

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