The deal amounts to EUR97 million.
This is the first acquisition of S IMMO from Skanska and also the biggest transaction for Skanska on the Romanian market so far.
The two office buildings have a lettable area of nearly 38,000 square meters and 463 parking spaces. Currently, the two buildings are 99% leased by large companies such as Microsoft and Société Générale European Business Services.
“The transaction was concluded in early December, despite the unfavorable context generated by the Covid-19 pandemic, which shows the situation we are facing at present is only temporary,” stated Razvan Iorgu, managing director of CBRE Romania.
With the acquisition of the two office buildings, S IMMO’s portfolio reaches over 73,000 sqm (gross lettable area – GLA) in Romania.
The first building in the development, Campus 6.1, was sold to Austria’s CA Immo in May 2018 for EUR53 million.