Skanska completes €97 million sale of Campus 6 in Bucharest

17
Jun
2021
News - Skanska completes €97 million sale of Campus 6  in Bucharest #Campus #Campus 6.2 #Campus 6.3 #office #Romania #S Immo #Skanska

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. 




Latest news


New leases

  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.


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