about us | newsletter | contact | archive | members area
Marius Nedelcu, TransferGo
Cash will become obsolete and this will be the result of digital finance advancement»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

Forte Partners to start second phase of The Bridge office project

Local real estate developer Forte Partners will start building the second phase of The Bridge office project this year, according to Geo Margescu, managing partner of the company.

2017-02-01 16:51:16

"We decided to start the second phase of The Bridge project, a 20,000 sqm building," said Margescu. "At this moment, we have submitted all paperwork and we wait for the permits to start the construction by the end of March. Our estimation is that the building can be finished in one year."

For this project, Forte Partners has budgeted a 40 million Euro investment. Last year, the company has developed two office projects with an aggregate market value of 100 million Euro: Stefan cel Mare (boutique building – 19.5 million Euro) and The Bridge business park near Basarab bridge (80.5 million Euro).

The construction works for the first phase of The Bridge project are on schedule at this point, according to the developer and the building is to be finished this year.



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  5955 Views
Daily Info
AFI Europe Romania starts the construction of AFI City residential project

AFI Europe Romania announces the start of the AFI City residential project construction. First phase is to end in 16 months and will deliver two buildings with 190 homes.

Romania is the sixth most popular country for data centre investment, report shows

Romania ranks 6th in the top destinations in the datacentres market in Europe, while the Nordics and the Netherlands occupy the first positions, according to Savills new Data ...

Google Street View cars to come to Romania this summer

Google Street View cars will return to Romania this summer to update images of local roads in Google Maps, according to a statement by the company.

Romania and US held 6th meeting of the Strategic Partnership Dialogue

The Governments of Romania and the United States of America held the sixth plenary meeting of the Strategic Partnership Dialogue in Bucharest, Romania, on June 19, 2018.

H&M leases 1,000 sqm for future HQ in Unirii View project

Fashion retailer H&M leases 1,000 sqm for its future HQ in Unirii View office project.

 
 
   
advertising

advertising

advertising

advertising

advertising

More on News
ING Bank Romania to accelerate business development through digitization

Customers are increasingly interacting with the bank through its digital platforms and are making more card payments, according to a report issued by ING Bank Romania.

4 Comments

TransferGo: We will come to a point where money transfers will be dominated by app usage

Cash will become obsolete and this will be the result of digital finance advancement, Marius Nedelcu, Country Manager at TransferGo told The Diplomat-Bucharest.

1 Comment

Globalworth: The number of green accredited buildings continues to grow every year

Romania today is one of the few economies in Europe that had a consistent expansion over the past six years, outpacing EU average growth, Dimitris Raptis, deputy CEO and Ch...

3 Comments

UniCredit announces updates in the Mobile Banking application

UniCredit Bank launches new facilities in the up-to-date version of its Mobile Banking application to provide customers with a simpler and faster user experience.

3 Comments

ESOP: We expect that the green building trend further grows

The Romanian market is one of the most dynamic in the region due to the accelerated development in IT&C, BPO, shared services industries, and to the expansion of research &...

Immofinanz: Constant, visible shift towards energy efficiency on the local office sector

Romania's strong economic growth in 2017 placed the country in a leading position in the CEE region and the trend is expected be sustainable over the next years, Christian ...

2 Comments

Crosspoint: Currently, there is a relatively small number of green office buildings throughout Romania

2017 has been a good year for the office market all throughout the CEE region: low vacancy rates (Bucharest - nine per cent, Warsaw - 14 per cent, Budapest - 9.2 per cent, ...