The Crystal Tower, with an area of approximately 20,000 square meters, was completed in 2011 by the Romanian businessman Michael Stanciu, the owner of the Search Corporation. The building is leased by ING.
The Czech investment fund also bought the Metropolis Center in 2016, situated as Crystal Tower on Iancu de Hunedoara Boulevard, close to Victoriei Square.
Market sources announced in 2017 that PPF Real Estate Holding entered the due diligence phase to acquire the America House office project in Victoria Square, currently owned by the French investment fund AEW Europe, but the completion of the deal was not announced on market to date. (source: zf.ro)