Rare investment opportunity strategically located in the administrative pole of the Capital (13 September Area - Marriott). This property represents an ideal hybrid asset: it generates immediate revenue from the Office segment while having the potential for easy hotel conversion thanks to the original authorization.
Technical Summary and Surface Distribution
The building has an imposing vertical structure (2S+GF+M+11E), with a built area of 9,880 sqm and a total usable area of 8,706 sqm.
Public Area/Reception: Ground Floor (557 sqm), Mezzanine (624 sqm)
Floors Type (E1 - E10): Average of ~570 sqm/floor
Penthouse/Sky Bar: E11 (324 sqm usable) + Panoramic terrace of 337 sqm (ideal for Rooftop Bar/Restaurant overlooking the Palace of Parliament).
Hotel Conversion Analysis (Business Case)
The footprint of ~570 sqm per floor allows for extremely efficient partitioning. By subtracting the vertical circulations and balconies, we obtain a net accommodation area of approx. 420-440 sqm per floor.
Estimated accommodation potential:
Typical floor capacity: 16 - 18 rooms (at a standard of 25 sqm/unit).
Estimated total inventory: 160 – 180 accommodation units.
Facilities: The ground floor and mezzanine can accommodate a monumental reception and dining areas, while the 11th floor offers a unique competitive advantage through the vast terrace, suitable for the events/leisure segment.
Key points:
1. Immediate Return: The building is 100% rented, providing a stable and predictable income stream from day one.
2. Zero Administrative Risk: Being initially authorized with dual hotel/office function, the conversion does not require major structural changes or complex urban reauthorizations (PUZ/PUD), drastically reducing the implementation time.
3. Strategic Location: Located in the 13 September area, the building serves both business tourism and official delegations, being a few minutes from the political center of Romania.
4. Operational Efficiency: The height regime and floor surfaces are perfectly calibrated to the standards of international mid-scale hotel operators.
For further information, access to the Dataroom or viewings, do not hesitate to contact us!
Description
Rare investment opportunity strategically located in the administrative pole of the Capital (13 September Area - Marriott). This property represents an ideal hybrid asset: it generates immediate revenue from the Office segment while having the potential for easy hotel conversion thanks to the original authorization.
Technical Summary and Surface Distribution
The building has an imposing vertical structure (2S+GF+M+11E), with a built area of 9,880 sqm and a total usable area of 8,706 sqm.
Public Area/Reception: Ground Floor (557 sqm), Mezzanine (624 sqm)
Floors Type (E1 - E10): Average of ~570 sqm/floor
Penthouse/Sky Bar: E11 (324 sqm usable) + Panoramic terrace of 337 sqm (ideal for Rooftop Bar/Restaurant overlooking the Palace of Parliament).
Hotel Conversion Analysis (Business Case)
The footprint of ~570 sqm per floor allows for extremely efficient partitioning. By subtracting the vertical circulations and balconies, we obtain a net accommodation area of approx. 420-440 sqm per floor.
Estimated accommodation potential:
Typical floor capacity: 16 - 18 rooms (at a standard of 25 sqm/unit).
Estimated total inventory: 160 – 180 accommodation units.
Facilities: The ground floor and mezzanine can accommodate a monumental reception and dining areas, while the 11th floor offers a unique competitive advantage through the vast terrace, suitable for the events/leisure segment.
Key points:
1. Immediate Return: The building is 100% rented, providing a stable and predictable income stream from day one.
2. Zero Administrative Risk: Being initially authorized with dual hotel/office function, the conversion does not require major structural changes or complex urban reauthorizations (PUZ/PUD), drastically reducing the implementation time.
3. Strategic Location: Located in the 13 September area, the building serves both business tourism and official delegations, being a few minutes from the political center of Romania.
4. Operational Efficiency: The height regime and floor surfaces are perfectly calibrated to the standards of international mid-scale hotel operators.
For further information, access to the Dataroom or viewings, do not hesitate to contact us!
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13 Septembrie
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