Another deluxe building

France-based Vinci-Campenon Bernard group will invest 42 million euros in the construction of an office building located in Piata Victoriei, Bucharest, Christian Hiver, manager of Proxim C

onstruct, Campenon Bernard’s commercial representative in Romania, said at the end of last week. “The building to be completed in two years will be 18 stories high and take up 20,800 sqm, 15,000 sqm of which have already been sold to Banca Romana de Dezvoltare (Romanian Development Bank) – Groupe Societe Generale. The average surface per floor is 1,100 sqm,” Christian Hiver told Mediafax.

Vinci-Campenon Bernard will soon build a 12,000 sqm supermarket, a 6,000 sqm shopping centre and a two-star hotel over a 80,000 sqm piece of land located in the Orhideelor area (nearby Basarab Station), in an investment totalling 40 million euros.

The building in Piata Victoriei, under construction since April this year, will fall into Class A. ” It will have three underground parking levels with 240 spots, six lifts, centralised air conditioning and permanent security system,” Hiver added.

The company to execute construction works for this building is Campenon Bernard. The rental price for the remaining space is $32 per sqm/month. “Proxim Construct will also negotiate an offer to sell those 5,800 sqm left. We’re in talks for rental or sale with international law firms and embassies,” Hiver specified.