Porr Construct will start works in March.
Orhideea Towers, under development in Bucharest’s central-western area, near the Grozavesti subway station, is due for completion in 2017.
The construction started in October 2015, with special foundation works carried out by Octagon Contracting & Engineering, which are close to completion.
Orhideea Towers, with a total lettable area of approximately 37,000 square meters, consists of two H-shaped office towers.
CA Immo is specialized in holding and developing office spaces in capital cities in Central Europe. The company operates on the markets in Austria, Germany, Poland, Hungary, the Czech Republic, Slovakia and Romania, holding a portfolio of EUR3.6 billion. In Romania, the company holds five office buildings, with a lettable area of 106,000 sqm.
Porr, one of Austria’s largest construction companies, has been operating in Romania since 2004.