Morgan Stanley Real Estate Investing joint venture acquires prime office building in Romania

MSREI was advised by Țuca Zbârcea & Asociații and Colliers International Romania

 

A fund advised by Morgan Stanley Real Estate Investing (“MSREI”), in a joint venture with David Hay, former CEO of AFI Europe Romania, has acquired America House, a prime office building located in Bucharest, Romania, from a fund managed by AEW Europe.

America House is a prime office building located in a prestigious business district of Bucharest, next to Victoriei Square, and adjacent to the government headquarters. The building offers c.28,000 sqm of Gross Leasable Area (“GLA”) and a wealth of amenities on the ground and first floor, and has attracted a range of renowned tenants such as Schlumberger, MasterCard, McDonald’s, Cisco, Starbucks and the Japanese Embassy.

AEW was advised by a team consisting of Clifford Chance Badea, the local office of the global law firm Clifford Chance, who served as the legal advisor, and Cushman & Wakefield Echinox who ran the sale process. MSREI was advised by Țuca Zbârcea & Asociații and Colliers International Romania.

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Robert Miklo

Director | Romania

Bucharest

Robert was born and raised in Romania, attended Emanuel University of Oradea and joined Colliers International in 2006. Since entering the real estate services industry, he has focused his activities on consulting, research and the sale of investment properties. Robert deals with private and institutional investors and remains up-to-date on product and global and local market context.

Since joining Colliers International, Robert has served as:
 
- 2006-2008: Consulting - carried out approx. thirty feasibility and market studies for investors, developers and financing institutions
- 2008: Investment Analyst
- 2009: Coordinator of Research Division
- 2010 - Investment Sales
 
Robert is also a member and moderator at the School of Leadership, an educational initiative of Colliers International Romania and a guest lecturer at the Griffiths School of Management.
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