“This transaction reflects our ability to deliver office projects that meet the expectations of a broad spectrum of institutional investors across the CEE region. The sale of Equilibrium 1 continues our track record of working with regional capital and reaffirms Bucharest’s position as a dynamic and increasingly mature investment destination. We are proud to see another high-quality Skanska development become part of a long-term investment portfolio,” said Adrian Karczewicz, Head of Divestments at Skanska Commercial Development Europe.
„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. Equilibrium 1 perfectly aligns with our long-term ‘5B Strategy’ – a vision to establish a sustainable, high-quality, and dominant office portfolio across the region’s key capital cities, Budapest, Bucharest, Belgrade, Vienna, and Bratislava. The property’s prime location, diverse tenant mix, and outstanding ESG credentials make it an ideal fit for our investment strategy." said Álmos Mikesy, CEO and Chairman of the Board of Granit Asset Management.
The Equilibrium office complex, consisting of two buildings, has become a landmark in Bucharest’s northern business district, named Floreasca – Barbu Vacarescy, often also referred to as the New CBD. It not only redefines workspace design but also offers a fresh, aesthetic perspective to the area.
The first phase, which is subject to the aforementioned transaction, was completed in 2019 and features approximately 21,000 square meters of leasable space across 11 floors, and includes 240 parking spaces. It is certified LEED Platinum, showcasing Skanska’s commitment to sustainable work environments.
“Equilibrium provides the ideal mix for organizations and their teams: a highly accessible location at the entrance to Bucharest's most vibrant office sub-market, flexible layouts to accommodate a wide range of business needs, a generous green space where community members can work, enjoy a coffee, or host events, and a variety of on-site and nearby amenities that successfully balance professional and personal life. We are proud of this project and how we have created an amazing community. It’s gratifying to see this appreciated by investors.” said Aurelia Luca, Executive Vice President of Operations in Hungary and Romania at Skanska Commercial Development in CEE.
Equilibrium is more than just design and sustainability; it's also about community and daily interactions. According to the 2024 Office Life Survey, now in its fourth edition, most respondents (91%) highly valued the services and amenities at Equilibrium 1, such as HoReCa facilities, green spaces, relaxation areas, and active lifestyle infrastructure, including showers, lockers, and bike-dedicated parking.
The project incorporates innovative sustainability technologies that considerably improve resource efficiency and reduce carbon footprint. These include intelligent climate control systems, energy-efficient lighting with motion sensors, and a centralized Building Management System (BMS) for real-time monitoring and energy optimization. Furthermore, relaxation areas equipped with wireless chargers, power outlets, and free Wi-Fi are accessible to both tenants and the community.
Equilibrium 1 exemplifies real estate investment that combines modern design with outstanding energy performance. It incorporates advanced systems and sustainable materials to improve user comfort and reduce environmental impact. Notable features include rainwater harvesting, A+ heating and ventilation systems, and the usage of renewable energy sources for building operations. Energy and water consumption data are displayed in real time on a screen in the building’s reception area, promoting transparency and awareness.
Throughout the sales process, Skanska was advised by Peli Partners for legal consultancy, Mazars Romania for financial and accounting advisory, and Ana-Maria Notingher for tax consultancy. Intermediation services on the seller’s behalf were provided by Colliers.
Granit Asset Management received legal advisory services from Nestor Nestor Diculescu Kingston Petersen, technical advisory services from Sentient Romania, financial and tax advisory services from TPA Admin Romania, and commercial advisory services from IO Partners.
Skanska Romania
The commercial development division of Skanska Romania is a developer of innovative, future-focused and sustainable office buildings. The company builds accessible, lively spaces that prioritize employee safety and well-being. Skanska projects have LEED, WiredScore and Access4You certifications, a confirmation of compliance with the principles of sustainable development, optimal energy efficiency and ensuring a superior working environment. As part of the Skanska Group, the company started operating in Romania in 2011 and offers office spaces built to the highest quality standards in key locations in Bucharest, ensuring both the success and satisfaction of clients and investors and bringing value to local communities.
Follow Skanska on LinkedIn: www.linkedin.com/company/skanska/
More details about Skanska on the website: www.skanska.com
Gránit Asset Management
Gránit Asset Management integrates real estate, capital markets and private equity expertise into one business. Gránit is a Hungarian institutional investor managing 24 investment funds, including the third largest retail fund in the country. Its current Assets Under Management is more than EUR 2.7bn. Gránit AM’s goal is to rapidly expand in the CEE and SEE region by further investing in, among others, commercial real estate. To fulfil this, we have been actively building our pipeline and plan to close on further, similarly remarkable investments in the near future.
Follow Gránit Asset Management on LinkedIn: https://www.linkedin.com/company/granit-asset-management/
More details about Gránit Asset Management: www.granitalapkezelo.hu
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Monica Bejan Senior Communication & Marketing Coordinator Skanska's Commercial Development Business Unit in CEE Tel.: +40 725 726 444 E-mail: |
Claudia Agafitei Comms Director GRF+ Tel.: +40 744 843 458 E-mail: |
Attila Csonka
Head of Marketing and Communications
Gránit Asset Management Plc.
Tel.: +36 70 521 5186
E-mail: