Campus 6.1 is an A-class office development, offering 22,000 sqm GLA. The development is located in the Central West area of Bucharest in the proximity of the Polytechnic University. Completion is scheduled for Q3 2018; full occupancy of the building is expected by the end of the year. During the sales process, CA Immo was advised by Clifford Chance (legal), PwC (tax, financial) and REC (technical). Legal advisers for Skanska were Peli Filip and Dentons.

According to Andreas Quint, CEO of CA Immo: “Having acquired Millennium Towers in Budapest in 2016 and Spire Building B in Warsaw in 2017, we continue to pursue our target of continuous development and expansion of our CEE core market portfolios with the purchase of Campus 6.1 in Bucharest. The multi-tenant property is very well located and will be nearly fully let by takeover, clearly supporting our overall financial goals.”

“Recent years have been a great time for Romanian economy. Continuous FDI flows stimulate office market growth. Core investment funds are shifting towards Bucharest assets which offer favorable returns. We are happy to see growing interest in this vibrant market among tenants and buyers,” adds Katarzyna Zawodna, President and CEO of Skanska’s commercial development business in CEE.

Campus 6.1 is the first phase of a four-building office complex Campus 6, the second Skanska’s development in Bucharest. Campus 6.1 will comprise approximately 22,600 sqm, with eleven floors above ground and two levels of underground parking, including an intelligent parking system.

Located at the intersection of two main boulevards, Iuliu Maniu and Vasile Milea, the property benefits from great visibility and exposure, having good access to public transportation. The metro station is just across the street and trams as well as buses within 50 metres distance. 

The property will feature a range of services such as a restaurant and a cafeteria with terraces as well as co-working green spaces equipped with multipurpose furniture and electric sockets and Wi-Fi. Moreover, the property will be equipped with an intelligent building management system consisting of e.g. an IT Hub in the reception area, a dashboard showing consumption per tenant/floor as well as a virtual reception (check-in and access control for visitors). A mobile app will connect all the services in the building and in the neighbourhood delivering e.g. building info, event news and offering features such as food delivery, car sharing and maintenance help service. Shared e-car facilities are available for tenants, as well as a Bicycle rental, which is located in front of the building. Bicycle facilities within the building include lockers and showers.

The property will feature a number of sustainable solutions to minimize the building’s environmental footprint and reduce its operating costs. The project will apply for LEED certification at Gold level.

Skanska
Skanska is one of the leading development and construction companies in Europe. Outside the Nordics, the company has European operations in building construction and civil engineering in Poland, Czech Republic & Slovakia and UK. Skanska develops commercial properties in selected home markets in Poland, Czech Republic, Romania and Hungary, while the residential development is active in Prague and Warsaw. Skanska also offers services in public-private partnerships. In 2017, Skanska had sales of SEK 37 billion and about 16,000 employees in its European operations.
More information can be found at: www.skanska.com/property

About CA Immo
CA Immo specialises in office properties in Central European capitals. The company was founded in 1987 and operates today in the core markets of Austria, Germany, Poland, Hungary, Czech Republic and Romania. CA Immo is listed on the Vienna Stock Exchange and included in the ATX index and holds property assets of around € 4.3 billion.

CA Immo in Bucharest
The Bucharest asset portfolio, which accounted for approximately 7% of the total portfolio of CA Immo as at 31 December 2017, consists of four office buildings as well as the Orhideea office development in Bucharest. The book value of the investment portfolio comprising around 106,000 sqm was approximately € 260 m as at 31 December 2017, the occupancy rate stood at 95.4%.