BCR will finance the business center with EUR40 million to EUR50 million.

The project consists of two office buildings covering a total of 37,500 square meters. Oracle Romania has already leased 20,000 square meters in the project, a statement said Wednesday.

Portland Trust built several office projects in Bucharest, which were sold after completion. Austrian real estate investment company CA Immo bought Opera Center I and II, as well as Bucharest Business Park, while NEPI acquired Floreasca 169A.