A new era for premium office space in Bucharest's Core
The city of Bucharest is witnessing a pivotal moment in its urban development with the commencement of the most significant building demolition since the Revolution. Located at Calea Victoriei 15, this project paves the way for a major redevelopment that promises to redefine prime commercial real estate in the heart of the capital. Businesses eyeing strategic, modern, and energy-efficient office locations should take note of this transformative venture.
The vision behind the transformation
The site, formerly part of the Bancorex and later BCR headquarters, encompassing a 17-story tower and an adjacent 6-story "Podium," was acquired by the prominent Israeli real estate developer AFI Europe in August 2024 for approximately €27.5 million from Immofinanz. The ambitious demolition of the "Podium" commenced in September 2025 and is projected to span three years.
This initial phase is crucial for the subsequent redevelopment, which includes plans for innovative green terraces, expanded public spaces, enhanced visibility for surrounding historical buildings, and significant improvements in energy efficiency.
Unparalleled location: Calea Victoriei 15
Calea Victoriei is not merely an address; it's a statement. As one of Bucharest's most iconic and central thoroughfares, it offers unparalleled connectivity, prestige, and access to a vibrant urban environment.
Businesses establishing a presence here benefit from proximity to key institutions, cultural landmarks, high-end retail, and a dense network of public transport. This redevelopment promises to further elevate the street's appeal, integrating modern architectural solutions with its rich historical context.
AFI Europe's commitment to modern & sustainable design
AFI Europe is renowned for its commitment to developing high-quality, sustainable properties across Central and Eastern Europe. This project at Calea Victoriei 15 is set to be no exception. The focus on green terraces, energy efficiency, and expanding public space aligns with contemporary demands for environmentally conscious and employee-friendly office environments.
This vision ensures that the new commercial spaces will not only be aesthetically pleasing but also operationally cost-effective and compliant with modern sustainability standards, making them highly attractive to forward-thinking businesses.
Seize future opportunities for your business
While the demolition and reconstruction are long-term projects, they represent a unique opportunity for businesses to plan for future growth and secure premium office space in a truly exceptional location.
Companies seeking to elevate their brand image, enhance employee well-being, and benefit from a central, accessible, and sustainably designed workspace should closely monitor the progress of this landmark development. This is more than just a new building; it's a new hub for business excellence in Bucharest.
Source: click.ro
