Medici’s is in talks to extend the leased area up to 1,000 sqm.

The transaction was brokered by real estate consulting firm Activ Property Services.

Timco has so far hosted Nokia offices and it became available for lease after Nokia relocated to its new 27,000 square-meter campus within Bega Business Park.

Activ Property Services was established in 1993, being one of the first real estate consulting firms in Romania. The company is headquartered in capital Bucharest and has two regional offices in the cities of Timisoara and Cluj-Napoca.