The businessman Ovidiu Sandor completed the fourth building in City Business Center in the city of Timisoara. The 9,500 sqm building is already 60 percent occupied. The four buildings in City Business have a total leasable area of 34,500 sqm. The first three buildings were purchased by the South African investment fund NEPI. The developer said the initial value of the project was estimated at RON 71.6m (about €16m), but only RON 43.7m (about €10m) was needed to complete the project, which was financed exclusively by European funds.