“We can neither confirm nor deny such talks so no comment on a potential negotiation about the acquisition,” S Immo officials said.
The pandemic slowed down the talks, the same sources said, but demand for office space shrank in 2020.
The 6,000 square meter plot owner is Grupul Radacini of businessman Ali Madadi and it should be worth some EUR6 million, taking into account a price of EUR1,000/square meter.
S Immo AG bought Campus 6.2 and 6.3 in the Campus 6 complex developed by Skanska near the Politehnica University in Bucharest in a EUR97 million deal at the end of last year.
The Austrian developer inaugurated The Mark in Buzesti area, near Piata Victoriei, in the summer of 2019, following a EUR45 million investment. The Mark is now almost 100% rented.
(English version by Loredana Fratila-Cristescu)