Portland Trust will deliver tha last phase of Oregon Park office project at the end of this year. An investment of around EUR 80 million, Oregon Park was acquired by Lion Head Investment, for a value above EUR 100 million.
The latest Oregon Park office building will use Reynaers Aluminum solutions.
”We thought this project carefully so as to fulfill what we consider to be the most important criteria for this market segment: the long life of buildings, the focus on low energy consumption and the protection of the environment. In this context, we have searched for an experienced partner in the aluminum joinery market and share the same values with the Portland Trust team, ”explains Florin Furdui, country manager of Portland Trust in Romania.
With a 25,000 sqm net lease surface, building C of the Oregon Park project will be finalized at the end of this year after an investment of about EUR 50 million.
The office complex which will span 70,000 sqm when fully built, the developer has attracted a series of multinational firms. For instance, Oracle has fully leased Building A, while Building B has around 6,000 sqm of office still vacant. In this building, Deloitte has expanded its technology operations on a surface of 5,500 sqm, while two other tech firms have signed leasing deals for 3,600 sqm.