Kinstellar and Peli Partners Advise on S Immo AG's Acquisition of Bucharest Office Buildings from Skanska

Kinstellar and Peli Partners Advise on S Immo AG's Acquisition of Bucharest Office Buildings from Skanska

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Kinstellar has advised S Immo AG on the acquisition of Campus Buildings 6.2 & 6.3 — two class A office buildings in Bucharest — from developer Skanska. Peli Partners advised Skanska on the deal.

The total value of the transaction, which is expected to close in 2021, is EUR 97 million. 

According to Kinstellar, the eleven-story A-class Campus Buildings 6.2 & 6.3 are located in the vicinity of Bucharest’s technical university, have a total leasable area of nearly 38,000 square meters, and are fully let.

Kinstellar’s team included Managing Partner Victor Constantinescu and Senior Associate Catalin Dinu.

Peli Partners' team included Partner Oana Badarau, Senior Associate Madalina Fildan Raileanu, and Associate Antonia Nica.