Orange Romania has put up for sale the Telephone Palace building on Calea Victoriei for a net price of EUR25.87 million, according to the ad on the platform the company uses for its real estate assets. The property sits on a 2,252 square plot.
Private investment firms Cerberus and Revetas are considering the sale of the Radisson Hotel on Calea Victoriei in Bucharest, after having sold the Landmark office space complex in the same city in 2024, market sources say..
Bucharest’s Calea Victoriei (Victory Avenue), the main shopping street in Romania, has climbed two positions, to 38, in the ranking of the world’s most expensive shopping destinations, as Bucharest rents have in the past year posted the seventh strongest increase among the 138 markets analyzed globally in the latest “Main Streets Across the World” report drawn up by real estate consultancy Cushman & Wakefield.