Casuneanu family and Belgian investor to build downtown Bucharest office tower

Newsroom 10/01/2013 | 10:00

The two sons of Romanian businessman Costel Casuneanu in partnership with Belgian developer Yves Weerts have begun the construction of a 27,000 sqm office tower on the Corneliu Coposi Blvd, some 500 meters from Unirii Square in Bucharest, according to b365.realitatea.net.

The construction of Unirii View Tower will be handled through C& I Building, a company controlled by the Belgian investor through Tuilia Invest (75 percent) and the two sons of Costel Casuneanu (25 percent). The building permits for the construction were obtained in December 2010 but construction has only recently started.

The project will be built on a 2,000 sqm plot of land which is privately owned and used to be a park. Unirii View Tower will be 97m high and it will have 17 floors.

Dubbed one of Romania’s “asphalt kings”, Casuneanu has won several contracts for highway construction over the past years. In 2012 he faced influence-peddling charges but avoided a prison sentence after cooperating with the prosecutors.

Belgian developer Yves Weerts has been present on the local market since 2007 where it has developed an office and logistics project near Deva, western Romania.