In 2006, Greek businessman Ioannis Papalekas sold the mall for EUR103.5 million to Australian fund APN European Retail. City Mall went bankrupt in November 2010 and Papalekas bought it back in 2011 for EUR17.3 million.
The ground floor of the office building will host a small commercial gallery, where retailer Mega Image is already present, people close to the matter told Mediafax Wednesday.
City Mall went bankrupt for debts of EUR76 million. Its main creditors are UniCredit Bank Austria AG, UniCredit Tiriac Bank and Bancpost.
Papalekas also owns office buildings Tower Center and Cathedral Plaza, which he bought this year.