The office compound project, The Mark, will stretch onto 28,000 square meters and will require an initial investment of EUR66 million.
“Colliers International and Jones Lang LaSalle have been appointed co-exclusive agents for this project,” Colliers said in a press release Thursday.
The project will consist of 15-storey office tower and another 6-storey office building. The project will also include a 12,500-square-meter underground parking.
S IMMO AG has been present on the Romanian market since 2004, and owns the four-star Novotel hotel, the Sun Plaza shopping center and office compound Sun Offices. The cpomapny also owns a piece of land just outside Bucharest, where it plans to build a new shopping center.
S IMMO is owned by Erste Group and Vienna Insurance Group and operates on the real estate market in Austria, Germany, Czech Republic, Slovakia, Hungary, Croatia, Romania, and Bulgaria.