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Marius Nedelcu, TransferGo
Cash will become obsolete and this will be the result of digital finance advancement»
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Iulius opened a new office building in Openville Timisoara

The Iulius Company completed a new office building spanning on over 13,000 sqm in Openville Timisoara, the mixed-use project the company develops together with Atterbury Europe near Iulius Mall.

2017-12-05 11:06:50

United Business Center 1 (UBC 1) is the second building opened in Timisoara in 2017, after UBC 2 (18,000 sqm) opened in January. Following this latest achievement, the total office area delivered by Iulius on the local market over a single year now adds up to 31,000 sqm.

Openville Timisoara will be the business hub of the western part of Romania. Works are currently underway in the project for the third office building - UBC 3 (19,000 sqm), which will be completed in 2018. Visma Software, a Norwegian developer of business management software solutions, leased 4,200 sqm in UBC 3. Moreover, the construction works for UBC 0, the tallest building in Romania (155 meters and 27 floors) are scheduled to commence early next year.

Upon completion of the first phase of the Openville project, in the fourth quarter of 2018, the office component will include a 50,000 sqm area in operation (in the UBC 1, UBC 2 and UBC 3 buildings) and another 50,000 sqm pending construction (in the UBC 0 building).



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