Skanska has finalised an agreement to sell the first phase of its Equilibrium office complex in Bucharest to the Gordiusz Private Equity Fund, managed by Gránit Asset Management, for €52 million.
The building, completed in 2019, offers approximately 21,000 sqm of leasable space across 11 floors and includes 240 parking spaces.
According to Adrian Karczewicz, Head of Divestments at Skanska Commercial Development Europe, said: “This transaction reflects our ability to deliver office projects that meet the expectations of a broad spectrum of institutional investors across the CEE region.”
Álmos Mikesy, CEO and Chairman of the Board of Granit Asset Management, added: “With this transaction, Granit Asset Management aims to further expand its international real estate portfolio and strengthen its presence in the Central and Eastern European real estate market. (...) The property’s prime location, diverse tenant mix, and outstanding ESG credentials make it an ideal fit for our investment strategy."
“The Equilibrium 1 transaction underscores the attractiveness of Bucharest’s office market and investors’ preference for modern, energy-efficient, and well-positioned assets. The property offers a high-quality work environment and a strong tenant community, making it a strategic asset for any long-term investment portfolio,” said Robert Miklo, Head of Capital Markets at Colliers, which worked on the deal.
Skanska was advised by Peli Partners, Mazars Romania, and Ana-Maria Notingher for legal, financial and accounting, and tax consultancy respectively.
Granit Asset Management received advisory services from NNDKP, Sentient Romania, TPA Admin Romania, and iO Partners for legal, technical, financial and tax, and commercial matters.
