According to S Immo data, the execution of the works would start in 2021.

Also this year, the developer extended its portfolio in Central and Eastern Europe with a 30,000 sqm land in Budapest in the Váci út area, one of the main business hubs in the Hungarian capital. S Immo aims to start a new office project here, also in 2021.
"With these acquisitions, we continue to invest in the CEE office space market, which has grown steadily in recent years. Our latest regional projects, Einstein's Business Center in Bratislava and The Mark in Bucharest, have been fully leased. Next, we are evaluating new investment opportunities in Budapest and Bucharest, but also in Bratislava and Zagreb", said Friedrich Wachernig, member of the board of the S Immo Group.
S Immo portfolio includes The Mark office building on Uranus Boulevard in Bucharest, the Novotel Hotel, located on Calea Victoriei, the Sun Plaza shopping center, as well Sun Offices office buildings in the southern part of Bucharest. (source: