Skanska divests office building in Bucharest, Romania, for EUR 52M, about SEK 570M

The office complex Equilibrium, that consists of two buildings, has become a landmark in the Northern part of the capital of Romania being located right at the entrance to the most vibrant office submarket – namely Floreasca-Barbu Vacarescu, which is often called the New CBD – in Bucharest. It is developed with the aim of redefining workspaces on one hand and provide a completely new aesthetic perspective on the area on the other hand.

The complex offers 3,500 square meters of accessible green space, sustainable solutions, and is designed to focus on flexibility. The environmentally friendly features are recognized by a LEED Platinum certification.

The first building was completed in 2019 and offers a total leasable area of around 21,000 square meters. It is 100 percent let to tenants from different industries like pharma, agriculture, law, communication, construction and retail.

The second phase of Equilibrium, which is not part of the aforementioned transaction, was delivered in December 2022, offering 20,000 square meters of leasable area.