Tiriac Imobiliare to deliver Tiriac Tower in late 2020

Razvan Zamfir 03/12/2018 | 13:49

Tiriac Imobiliare has completed the deep foundation and relocated the utilities for the Tiriac Tower office building, located on Buzesti street near Piata Victoriei, which will be delivered in late 2020.

With a total built area of ​​30,969 sqm and a height of about 50m, with a ground footprint of 1,985 sqm, the building will have a mixed function, mainly dedicated to offices and an underground parking garage, as well as commercial use consisting of three interconnected buildings with 4, 5, 8 and 12 floors respectively, including the five underground and ground floors.

The foundation of the project was built by Octagon Contracting & Engineering.

Businessman Ion Tiriac’s real estate division has planned an investment of about EUR 30 million in the office building.

If Tiriac Tower is fully rented, it will bring the Romanian billionaire EUR 3.6 million in rents annually. Works began in July 2018 and will most likely be completed in the late part of 2020.

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