BT Property, an alternative real estate investment fund managed by INNO Investments SAI SA, part of Banca Transilvania Financial Group, acquired the office complex Record Park in Cluj-Napoca from Belgium’s AYA Properties Fund.
Launched in 2021, BT Property invests primarily in income-generating real estate assets and property-focused companies, according to the announcement. It manages assets of around EUR 79 million and has generated a return of over 55% since inception.
The fund’s portfolio now totals approximately 43,000 square meters of leasable space across retail, office, and medical segments, including the latest acquisition.
Record Park is a Class AAA office complex located in a premium area of Cluj-Napoca, offering about 15,000 sqm of high-end office space leased to international companies.
Developed in 2020 on a former industrial site, the project integrates fitness and swimming facilities, a restaurant, co-working areas, and more than 200 underground parking spaces, and has maintained full occupancy since launch.
irina.marica@romania-insider.com
(Photo source: press release)
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