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Istvan Tiburic can buy an office building in Bucharest for tens of billions, according to Romanian press reports

Istvan Tiburic can buy an office building in Bucharest for tens of billions, according to Romanian press reports

October 24, 2024 – 4:29 pm

Gránit Fund management could buy an office building in Bucharest, according to Romanian press reports 24. He. Negotiations to purchase the property are still ongoing, but negotiations are said to have reached the final stage. the daily According to the Romanian newspaper, Istvan Tiburc, the owner of the fund management company, could gain great regional influence in this matter.

Viktor Orbán's son-in-law, Istvan Tiborc, can buy the Equilibrium 1 office building for 40-50 million euros, which is equivalent to about 16-20 billion HUF.

The property, which Tiborcz will buy from Swedish real estate developer Skanska, is located in the northern part of the Romanian capital. The 12-storey Class A office building has approximately 20,700 square meters of leasable area. The property also includes an additional 3,500 square meters of green space.

Tiborcz has already shown a growing interest in the real estate sector, and this acquisition could make him an important investor in the region. The acquisition of Equilibrium 1 will also be beneficial for Swedish company Skanska, as the company mainly deals with the development of office projects and then selling them after they are completed. Currently, several companies rent premises here, with an average of 1,000 square meters per company.

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