Misys is the first tenant of Orhideea Towers, a EUR75 million project covering 37,000 sqm, and developed in central-western Bucharest, in the vicinity of subway station Grozavesti.

Misys Romania general manager, Daniel Paunica, said Misys is pleased to be the first tenant of CA Immo in office space project Orhideea Towers and it plans to strengthen this successful partnership.

The contract was concluded for a ten-year period and Misys has the option to extend up to 13,000 sqm. The company is currently headquartered in River Place compound, in the vicinity of Orhideea Towers, where it had started with a surface area of 2,200 sqm and reached 6,500 sqm.

The lease transaction was brokered by real estate consulting firm CBRE.

Misys provides financial services software covering retail and corporate banking, lending, treasury, capital markets, investment management and enterprise risk.

Orhideea Towers is the real estate project developed from scratch by CA Immo in Romania and entails a total investment of EUR75 million. The construction of Orhideea Towers started in October 2015 and is due for completion in 2017. The project has a lettable area of 37,000 sqm and consists of two office towers.