This is the first expansion of a developer already present in the ‘hottest’ office space area in Bucharest, as Forte is the first to have already delivered a building there, in Grozavesti.
“The second phase of The Bridge will be completed in the first quarter of 2019, when the first tenants already announced are due to move in. We bought an about 5,400 square meter plot of land for the future expansion of the project, the third phase, next to the second building. This land will be developed as needed by the current tenants who seek to expand or by future tenants who want to come to The Bridge,” said Geo Margescu, CEO and founder of developer Forte Partners.
The biggest tenant of The Bridge is BCR, 18,000 square meters, followed by IBM, 12,000 square meters and UPC, 6,000 square meters, Medicover, 4,500 square meters and Schlumberger, 4,000 square meters.
Dedeman is reportedly interested to buy the first two buildings in The Bridge, a deal put at at least EUR150 million. With a third building, The Bridge could overshoot the EUR200 million mark.
(English version by Loredana Fratila-Cristescu)