S IMMO AG reaping success in Bucharest

Press release
  • Four new tenants in Sun Plaza shopping centre
  • Sun Offices fully let out
  • Positive trend on Bucharest real estate market continuing

80,000 m² of space – equivalent to more than eleven football pitches – is what Sun Plaza offers its visitors. Enough for a cinema with 15 halls, a summer terrace and over 140 national and international shops. Now, four new tenants including a concept store from the American fashion line Vans have come on board to expand the broad range at the fully occupied Sun Plaza.

The Sun Offices above the shopping centre are also 100% let out. The major international group PepsiCo is just one of the many high-profile tenants in the 10,000 m² of the Sun Offices.

The good news from Romania came as no surprise to Friedrich Wachernig, member of S IMMO AG’s Management Board: “We have been seeing a positive trend for some time already, especially in Bucharest. International investors are returning, and the general sense of optimism is growing. That is very encouraging and confirms our medium-term investment plans for Bucharest.”