by Property Forum | Investment

Real estate group Skanska says it fully completed the sale of office buildings Campus 6.2 and 6.3 within Campus 6, the complex developed in western Bucharest, in its biggest local deal valued at €97 million.

The buildings with a combined leasable surface of around 38,000 sqm were purchased by S Immo AG. Law firm PeliPartners assisted the seller in the deal. 

“Both buildings are a first-class addition to our portfolio in the Romanian capital. Bucharest is currently one of the most important office markets in CEE and has developed into one of the most important IT & telecommunications locations in Europe. We are absolutely convinced that we will continue to see strong development here in the coming quarters," says Friedrich Wachernig, Member of S Immo AG’s Management Board. 

Skanska sold the first building in Campus 6 to CA Immo. The transaction concluded in 2018 was worth €53 million.  

“Campus 6 is an important project for us, a project through which we set out to create an entire ecosystem that would contribute to the well-being of all those involved in it: from the employees working in the office buildings to the entire surrounding community," says Aurelia Luca, Executive Vice President Operations Hungary and Romania for Skanska’s commercial development business unit.