Sema Business Three

River Development, the developer and administrator of Sema Parc industrial parc and Sema Office, is involved in the planning, development and management of specific real estate projects, delivering turn-key solutions to investors. River Development is determined to successfully deliver the initiated projects, and to extend its portfolio with greater assignments. River Development aims to continue its role as an established and reputable player on the national and regional real estate market through its involvement within Sema Office, part of Sema City- the largest urban conversion project of a former industrial area in Bucharest, which intends to become an anchor of credibility and reputation through the size and uniqueness of its concept. About Sema City Sema City is a mixed-use development in Bucharest, the largest urban conversion project of a former industrial area in Bucharest, on the current Sema Parc platform. It is structured on three levels of usage: business park, including Class A office buildings (Sema Office), retail and residential. Total built area (planned) = 964,800 sq m Offices = 526,800 sq m Retail = 93,500 sq m Residential = 305,200 sq m Phase I of Development The first two office buildings, leased from the inception phase and sold to the Austrian investment fund Europolis in the transaction of the year 2006, have received two international awards "Best Office Project in 2008" by EuropaProperty at the SEE Real Estate Awards and by CIJ Journal Awards at CEE Gala. Phase II of Development The second phase was initiated through the construnction works for Bruxelles building in 2014, courtyard type. The building was delivered in 2016 currently being fully functional and occupied by companies specialized in IT, Financial and Legal services. The Tenants include The Bucharest Court, The Civil Sections VI & VII (legal), Temenos Romania (IT software development), PTC Eastern Europe (IT), BASSE Romania (British American Shared Services Europe, Financial Shared Services). In 2016 the construction works started for the next two office buildings, Paris and Berlin, estimated to be delivered in Q4 2017.