Real estate developer Raiffeisen Property Holding International (RPHI), owner of SkyTower, the tallest office building in Romania, announces the completion of a new strategic investment in the local office market.

After a year of renovation and reconversion works, SkyTower inaugurates new facilities: the multifunctional SkyHub Events Centre featuring the first amphitheatre within an office building; the largest, state-of-the-art lobby LED video display and the tallest green columns within an office lobby space.

“These innovative projects in the Romanian office market reiterate what SkyTower stands for: premium quality, iconic building, prestige, and modernism. We continuously aim for setting new standards and raising the bar in the office industry. Despite macroeconomic and social challenges, SkyTower registered good business results. Therefore, our investment plans continue in what has become a unique 360 degrees working space experience for our business community.”, said Karl-Maria Pfeffer, CEO, RPHI.

With an area of around 450 square metres, the SkyHub Events Centre has three event zones: the 55-seat multifunctional amphitheatre with cutting edge technology beamer, a cocktail and lounge area with bar and terrace and a 12-seat meeting room equipped with two high-tech 4k screens.

SkyHub Events Centre is designed both for the use of the building´s tenants, but also for external clients.

Following major refurbishments works, Sky Tower’s lobby is now equipped with a 6 metres tall, 9 metres wide and 1.2 metres deep LED wall display, the largest in the local office market.

Currently, SkyTower’s occupancy rate levels 94 percent, with a balanced tenants mix (large and smaller size businesses).