Office Spaces in Orhideea -Politehnica Area Attract Like a Magnet

Five major office projects are under construction in Orhideea – Politehnica area, The Bridge, Orhideea Towers, Campus 6, Business Garden Bucharest, and Sema Office II, totaling 254.550 sqm. Still, they are joined by seven large residential complexes, with over 1.600 apartments. In the future, residential projects will start with a total of over 2.000 homes.

Some office spaces have been pre-leased to significant financial and IT&C companies, although the first deadlines are at the end of the year: Q4 2017- Q1 2018.

In an intervention at Pro TV News, Alexandru Petrescu, ESOP Manager, presented the advantages of this area: the proximity to the largest university campus in Romania, the three nearby metro stations, and many foods and shopping facilities.

Alexandru Petrescu: It is, however, a pressure in terms of hours spent in traffic. There are quite crowded areas at the subway in the north, and then the need was felt to open the second pole of offices in Bucharest.

As an offer of housing, for sale, are apartments in seven large residential complexes – 20th Residence, Onix Residence, Exigent One, Cotroceni Residence, Politehnică Park, Grozăveşti Splai Residence, and Novum Invest Residence.

To these will be added another 2.000 apartments, in projects that are either in the approval phase, either at the beginning. Among them is the 21st Residence, in the Politehnica area, which will have about 1.000 apartments, built in several stages of construction.

If you would like more information about the business parks projects in Bucharest, please contact the ESOP team by filling this brief form, or by phone (+4) 0723.26.61.97 or (+4) 021.528.04.40. We’ll promptly answer your inquiry!

Alexandru Petrescu

Founding Managing Partner of ESOP Consulting | CORFAC International with 20 years of experience in real estate consulting and entrepreneurship.

Postari similare

Consolidare versus atomizare pe piata de birouri

Consolidation versus “atomization” on the office market due to COVID 19

What will companies do in the post-COVID-19 period? Will they return to the consolidation strategy, namely placing the entire company under a single roof, be that an office building or a business park? Or will they choose to “atomize” them through Work from Home or Work Near Home? Or will they adopt a hybrid strategy […]

Read more

Office Buildings in Central ZACA Area and Projects Outside the Area With Bans for Polluting Cars

Update 24.10.2019 The Capital City Hall approved the introduction of the vignette in Bucharest. Downtown, cars under Euro 3 (Non-Euro, Euro 1 and Euro 2) will not be allowed next year, and from 2021 nor those below Euro 4. All cars under 5 euros will pay a vignette to drive on the other streets, outside […]

Read more

District 5 City Hall Proposes a Project for the Development of the Largest Free Plot in Bucharest

City Hall of District 5 has recently held a public debate on the development of the Antiaerian project, on the most extensive free plot in Bucharest, about 110 hectares. Along with our company, representatives of the foremost real estate developers in Bucharest and several major real estate companies were invited. The initial project proposes building […]

Read more