Following the capital increase, the company Skytower Building has a capital of 170.7 million lei, made of 5,000 lei and EUR 39.5 million.

The operation was made in the beginning of November, by cash contribution of the sole shareholder of the company, Sky Tower Real Estate and Asset Management, subsidiary of Raiffeisen Property International.

SkyTower, situated in Barbu Văcărescu-Floreasca area, is the tallest building in Romania, has a rentable area of 41,200 sq. m and was built by Raiffeisen evolution project development. The occupancy rate of the 137 m building is nearly 85%. (source: profit.ro)