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Immochan takes over Coresi Business Park in Brasov

10 August 17 - Irene Theofanidou
Immochan takes over Coresi Business Park in Brasov

COMPANIES

Zeus

Fund - GREECE

ETAD.A.E.

Public entity - GREECE

ΕΡΡΙΚΟΣ ΑΡΩΝΕΣ

Investment - GREECE

Solum Property Solutions

Consultant - GREECE

PEOPLE

Immochan, the real estate division of the Auchan Group, has taken over the Coresi Business Park office project in Brasov, the company has announced according to the business-review.

 

The project is located near its Coresi Shopping Resort mall which alongside the newly required offices and future housing units will be integrated into the Cartier Coresi mixed-use development, says the real estate company.

Coresi Business Park has a gross leasable area (GLA) of 40,000 sqm and it hosts 30 companies and more than 2,500 employees.

Given the existing land bank, the office project can be expanded to a total of 100,000 sqm over the next ten years, according to Immochan representatives.

Immochan took the first step in 2015 when it opened a 45,000 sqm shopping mall following an investment of about €60 million.

In addition to the retail and the office component, Immochan is presently investing in housing units on the grounds of the same project.

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