Iulius Group is set to start construction on three new class A office buildings at the Openville Timişoara mixed-use project this spring. The three buildings to be developed under the United Business Center (UBC) brand will add 73,000 sqm to the project and should be ready for use within 12 to 18 months.
Openville Timișoara will feature a total of seven office buildings offering more than 130,000 sqm of space, 18,000 sqm of which have already been delivered and are fully leased. An additional 13,000 sqm are set for completion in June.
“The three new office buildings to be delivered within a 12-to-18 month term, along with UBC 2 (opened this January) and UBC 1 (pending completion this summer), constitute the first phase of development of the Openville project and will shape the main business center in the west of Romania,” said Iulian Dascălu, CEO of Iulius Group.
