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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.



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