September 27 (SeeNews) - Czech real estate developer S Group will invest 55 million euro ($71 million) in an office building in Romania's capital Bucharest, the legal advisor of the project, Benclinov & Asociatii, said on Thursday.
The value of the investment includes the price of the 6,500-square metre land plot on which the building will be constructed, the advisor said in a statement.
S Group will implement the project, called Green Gate Building, through its Romanian unit, Green Gate Development SRL.
The class A office building will have more than 30,000 square metres of office space and 450 parking spaces, Benclinov & Asociatii said.
($=0.7766 euro)