IMMOFINANZ, one of the largest players on the local real estate market, announces the signing of a 25-year lease for 6,500 square meters in myhive Victoria Park to Leventer Medical Group, one of the most important private skin health operators in Romania.
The leased area will host Leventer Hospital, the country’s first private dermatology and surgical oncology hospital, and the transaction is one of the largest in the office sector this year. myhive Victoria Park is currently undergoing a significant refurbishment and modernisation process. Leventer Medical Group will invest around €10 million in the future hospital which is planned to be launched in 2024.
The myhive Victoria Park office building is located in the northern area of Bucharest, with easy access to both Bucharest centre and the two airports.
“Victoria Park building is a landmark office development for the local market. We are pleased that a building in our portfolio has been chosen to host the first private hospital dedicated to dermatology and oncology surgery which supports the transformation of the private healthcare market in Romania”, says Fulga Dinu, Country Manager Operations, IMMOFINANZ Romania. “This project underlines IMMOFINANZ’s flexibility in serving the needs of its tenants and its ability to achieve the highest construction standards”, adds Fulga Dinu.
“Through the partnership with IMMOFINANZ, we are pleased to be able to continue to invest in medical infrastructure, a segment so necessary for patients with cancer needs,” said Claudiu Opran, founder and shareholder of Leventer Medical Group. “The patient is always at the centre of our concern. We need to be ready to intervene for every person diagnosed with this type of skin tumour, and at Leventer Hospital we will be able to do this,” added Dr. Mihaela Leventer, founder and shareholder of Leventer Medical Group and President of the Skin Health Foundation.
Leventer Hospital will occupy an area of 6,500 square meter of myhive Victoria Park office building,
with a capacity of 5 operating rooms and over 60 beds. The medical unit will also have an outpatient department with 15 offices and treatment rooms, a pathological anatomy laboratory, imaging and superficial radiotherapy and orthovoltage compartments. The investment will amount to approximately €10 million and will have a mixed financing structure.
This is the second major project to adapt an office building to accommodate a hospital to international standards, after IMMOFINANZ also signed a 25-year lease last year with Provita Group, which is developing a multidisciplinary hospital in the IRIDE | eighteen building.
IMMOFINANZ in Romania
IMMOFINANZ has been an investor in the Romanian market for over 17 years. As of 30 May 2022, properties in Romania had a book value of €772.5 million and represent 14.7% of the company’s total portfolio. The local portfolio of active properties includes 14 properties, a leasable area of approximately 332,617 sqm, with an occupancy rate of 86%. The most important properties include two office buildings in Bucharest, myhive S-Park and myhive Metroffice and the two shopping centres VIVO! Cluj and VIVO! Constanta.
About Leventer Medical Group:
Leventer Medical Group was founded in 2012, through the establishment of Dr. Leventer Centre, based on the 20 years of experience of Dr. Mihaela Leventer and the 10 years of existence and operation of the Dermastyle company. With over 40,000 biopsies performed and a 99.7% success rate in treating skin carcinoma, Dr. Leventer Centre is the only clinic accredited by ASDS (American Society for Dermatologic Surgery) in Mohs microsurgery in Central and Eastern Europe. Leventer Medical Group’s plans include, by 2024, the consolidation and development of the dermato-venereology outpatient division, the opening of the soft tissue oncology hospital, the national regional presence and the expansion of international partnerships in the countries of the region.