The building, called Magheru One, includes 2,750 square meters of office space and 1,200 square meters of commercial space, said the developer.

S+B Gruppe’s portfolio includes realty projects in Poland, the Czech Republic, Romania and Austria. The company is currently developing projects in Central and Eastern Europe and invested EUR2.5 billion in the construction of buildings with a total area of 850,000 square meters.

In Bucharest, S+B Gruppe owns Pipera Business Tower and an office tower whose construction is underway.