Country Manager, Romania, Lion’s Head
Group portfolio value:
€ 350 million
15 years in commercial and residential real estate
Anca Simionescu is a senior real estate professional, with a wide expertise in commercial and residential real estate investment, asset management and business development. She was previously part of the managerial teams of companies such as Asmita Group, Skanska Romania, or Sterncor UK. As of September 2020 she was appointed Lion’s Head’s Country Manager for Romania, responsible for the implementation of the Group’s strategy in the country.
Lion’s Head is the owner and manager of income-producing commercial properties in Central and Eastern Europe. The company is backed by AG Capital and Old Mutual Property. AG Capital is one of the most influential groups in real estate investment, development and asset management in Bulgaria. Old Mutual Property is part of Old Mutual, established in 1845 as South Africa’s first life insurance company. Today, Old Mutual has grown into a financial services group that offers a broad spectrum of financial solutions to retail and corporate customers across key market segments in 14 countries, with listings on five stock exchanges.
In Romania, the fund acquired Oregon Park from Portland Trust, a transaction valued at over € 170 mil., the second-largest in the history of the local market. Oregon Park is a premium A graded office complex comprising three 7-storey buildings that provide over 70.000 sqm of contemporary office space surrounded by an attractively landscaped plot of nearly 4 ha. Located in Floreasca-Barbu Vacarescu Business District, the area is one of the most prestigious business hubs in Bucharest, attracting many global companies.