BUCHAREST (Romania), August 8 (SeeNews) - Romania-based Rosequeens Properties has bought the Liberty Center shopping mall in Bucharest for 60 million euro ($74.2 million), an official from the fairsolve.com trading platform said on Wednesday.
The shopping mall was sold on Tuesday in the office of court enforcement officer Bogdan Dumitrache, partner at fairsolve.com Florian Mateita told SeeNews in an emailed statement.
The mall was offered for sale to cover a 61 million euro debt owed to three banks - Eurobank EFG, Alpha Bank and Bank of Cyprus - according to the sale notice posted on fairsolve.com.
Liberty Center has a total area of 70,592 square metres, including 26,000 square metres of retail area. The mall has 101 tenants currently.
Liberty Center, previously owned by Awdi family and Mivan, a company based in the northern Ireland, was opened in 2008, following a 70 million euro investment, local news portal Hotnews.ro reported earlier.