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13 February 2012

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Deutsche pays e100m for Bucharest office building

The real estate division of Deutsche Bank is to buy Bucharest's tallest office building, BOC, located in Pipera, in a deal put at over e100m. The 57,000 sq.m.BOC is mostly rented, consultants told Ziarul Financiar newspaper. The building is part of the UpGround project developed by UK and Greek businessmen represented by Ioannis Papalekas.

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