BT Property acquires retail park in Romania from Polish group Scallier
<p>Alternative investment fund BT Property said on May 15 that it acquired&nbsp;Funshop Park Turda, Cluj county, from the Polish group&nbsp;Scallier.&nbsp;The transaction marks the fund's entry into the retail market, where it aims to expand.</p>

<p>Funshop Park Turda retail park has over 9,000 sqm of leasable area and BREEAM-certified buildings, according to international standards.&nbsp;</p>

<p>BT Asset Management&nbsp;SAI SA, a company of Banca Transilvania Financial Group, manages FIA Imobiliar BT Property.&nbsp;</p>

<p>The fund was launched in 2022 and currently has assets of EUR 32 million. Its portfolio comprises premium real estate in Romania with a leasable area of over 40,000 sqm.</p>

<p>According to the company, it is the first alternative investment fund specializing in real estate investments authorized in Romania by the Financial Supervisory Authority.</p>

<p><i>irina.marica@romania-insider.com</i></p>

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