EUR 30 M investment in new A class building office project in Timisoara

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Real estate market in Timisoara continues to develop, as several businesses want to relocate and expand their activity there, making from Western Romania an important hub towards Europe.

Werk Property Group, controlled by Romanian entrepreneur Virgil Tornoreanu and Turkish businessman Ruhat Kemaloglu, will invest EUR 30 million in developing Vox Technology Park, profit.ro informs.

This is an A class building office project with a leasable area of 26,000 square meters which will be delivered at the end of next year.

Vox Technology Park will consist of two buildings with ten and seven floors and has BREEAM certificate, meaning reduced costs for the companies that will operate there.

Construction will have the largest available area on the floor in Timisoara – 3,500 square meters, offering companies the opportunity of expanding in the future and will be a unique concept locally, thanks to its facilities.

The project is located in the immediate proximity of interest points, such as schools, hotels, restaurants or hypermarkets.

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