Skanska and Prime Kapital might jointly buy 11 ha Bucharest plot

12
Nov
2018
News - Skanska and Prime Kapital might jointly buy 11 ha Bucharest plot #Bucharest #development #investment #land #Prime Kapital #Romania #Skanska

by Property Forum | Investment

Skanska and local developer Prime Kapital might share the 11-hectare Griro platform in Bucharest, controlled by businessmen Nicolae Badea and Fatih Taher, in a €50 million transaction, according to market sources.

According to market sources, Skanska plans to develop an office complex on 3 hectares of land and Prime Kapital would use the remaining 8 hectares for a new retail development.
 
Griro manufactures products for applications in refineries, petrochemicals, gas industries, and power plants. The production facilities would be relocated as a result of a successful transaction.

Bucharest development investment land Prime Kapital Romania Skanska


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