The project benefited from non-reimbursable European financing through Regional Operational Program 2007-2013 (POR).
“Though the total value of the project totaled RON71.6 million (around EUR16 million), the amount actually spent reaches RON43.7 million (around EUR10 million), which made considerable savings possible,” the company said in a statement Wednesday.
The building has an area of 9.500 square meters to let for office and services purpose. The occupancy ratio of the newly completed building is of 60%.
The CBC project made up of 4 completed buildings has a total area of 34,500 square meters to let, and the developers started the planning of the construction for the 5th building. The project will have a total of 43,000 sqm to let.
The first three buildings have been acquired by the South African investment fund NEPI, which undertook to also buy the last two in the largest real estate transaction in 2012.