26.3 C
Bucharest
July 31, 2021
BUSINESS

EUR 40 ml building complex replacing Grivita brewery

Kiseleff Development, owned by several Romanian investors, allocates EUR 40 million to develop a building complex including an offices building and a shopping centre on the land of the former Grivita brewery in Bucharest, recently purchased. The building complex to be developed includes a class-A office building, a shopping centre and a square and green areas. Three of the former buildings, the barley store, the malt store and the managing pavilion, will be preserved and will retain their original architecture. An entertainment area will be present in these three structures, including cafes, sidewalk cafes, restaurants and a pub. Dutch brewing company Heineken, to which Grivita plant belonged, sold the 2.7 ha land near Basarab passage last year to Kiseleff Development company owned by Romanian businessman Ionut Dumitrescu, and part of this land went to the German company Kaufland.

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