According to a statement released on Tuesday by Iulius Mall Timisoara, Iulius company started works on a new Class A office building which is part of Openville compound, the biggest mixed-use development in western Romania.

The building is the third developed under the brand United Business Center (UBC) of a total seven buildings stipulated in the project. The office component of Openville compound will have a total area of over 130,000 square meters and will become a regional business pole.

Currently, works on consolidating the plot of land on which the building will be erected are underway.

In January 2017, Iulius company inaugurated the first office building of 18,000 sqm, which was entirely leased by companies in the IT and automotive sectors.

„Openville Timisoara is the second mixed-use compound in Iulius’ portfolio, after Palas Iasi. Located in downtown Timisoara, Openville will be a sole destination in western Romania, with regional impact, including abroad: it will be the best place to work and a special shopping and leisure destination. Openville is designed as an urban center combining all the ingredients for an active lifestyle, all in the same place, enabling people to save time,” Iulius said in a statement.