Volksbank about to moving to Nusco Tower

Volksbank, the sixth largest bank domestically in terms of assets, is one step away from renting a space of around 7,000 square metres in Nusco Tower office building of Bucharest, close to Aurel Vlaicu underground station, according to ZF information.
The building is developed by the Italian businesspeople family Nusco.
The Austrians have been seeking for some time a space to relocate in, considering central office employees are now split in six separate buildings in Bucharest.
The contract should be signed for a five-year period, according to ZF sources, with the estimated value of rents revolving around 7m euros, taking into account an average rent of 17 euros/square metre/month in the area.
Oracle, Bayer, Centrofarm and Raiffeisen Leasing have also rented spaces in Nusco Tower, while A&D Pharma operates an Anima medical clinic on the first floor of the 18-storey building.
Investments in Nusco Tower amounted to 34m euros plus the land plot, with construction funding being provided by UniCredit.
The representatives of Volksbank, Nusco Tower and The Advisers Knight Frank, the project broker, did not comment on the information by edition close.