The new office projects will accommodate over 20,000 new employees until 2018.
“Eight large office projects, developed by CA Immo, Forte Partners, Sema Parc and Vastint (Ikea), are under various stages of approval and construction. The projects will exceed 170,000 square meters of office space which will be ready in stages, starting with the second half of 2016 and until 2018,” according to real estate consulting company Esop.
Swedish Skanska will also develop offices in the area.
Rent rates for office spaces in the Orhideea-Grozavesti area range from EUR14 to EUR16/sqm for class A spaces and from EUR12 to EUR13/sqm for class A-/BĂ spaces.