CA Immo owns the lot situated at the crossroad of Splaiul In­de­pendenţei and Şoseaua Orhideelor, near Basarab Passage, where two tower of 20 floors each were initially planned.

 

The project has been adjusted so the towers will have eleven and twelve floors and a rentable area of 37,000 sq. m compared to 50,000 sq. m in the initial plans.

 

„Orhideea stays our main development and we hope to start the construction in the beginning of next year. We have the shareholders support and negotiations with tenants which can influence the beginning of the project.  We succeed in having in the last three-four years a constant occupancy rate of more than 95 pct on our office portfolio, we won our partners confidence and it is a pity to lose tenants for 6,000-7,000 sq. m because you don’t have spaces to offer them“, has declared for ZF Marian Roman, managing director of CA Immo Romania. (source: zf.ro)