Greece's real estate investment company Eurobank Properties has entered into an agreement to acquire 99.99% of the shares of Romanian company Eliade Tower, which is the owner of an office building in Bucharest.The acquisition price comes to EUR 26 mln. This is Eurobank Properties' third deal in the Balkan region over the past month.

Greece's real estate investment company Eurobank Properties has entered into an agreement to acquire 99.99% of the shares of Romanian company Eliade Tower, which is the owner of an office building in Bucharest.The acquisition price comes to EUR 26 mln. This is Eurobank Properties' third deal in the Balkan region over the past month.

The property is located in the Floreasca area on the northern side of the city. This office building consists of twelve storeys, with a total gross leasable area of 9,704 m2. The building underwent refurbishment in 2006 and is fully leased to international and Romanian companies.

'The present investment will be financed partially through the company's own funds and partially through future debt financing,' said George Chryssikos, investment manager of the company.