PEDRO Construct has invested EUR 18 million in the Politehnica Business Tower office building

Deniza Cristian 02/02/2023 | 11:08

The investment of 18 million euros brings to the Capital a building that comprises 9 floors, benefits from commercial spaces on the ground floor, and on the remaining floors has office spaces for both rent and sale, totaling over 9,500 built square meters.


The building also has access to 90 above-ground and underground parking spaces.

“It is a soul project for Pedro Construct and for me personally, once again the outcome is further proof of the fact that a very good team can achieve extraordinary results in a very short period of time. We managed to build the PBTower in less than a year. The entire project is thought out to be able to customers, partners, and collaborators, all the facilities they may require. The building’s geometry and floor surfaces offer flexible compartmentalization so that each floor can accommodate up to 4 different tenants. The rental strategy also takes into account the hosting of adjacent services in the building, these are very important for the area and the project: restaurant, medical clinic, bank, pharmacy, ecological laundry”, says Petre Niculae, founder of PEDRO Construct.

Located in the Central-West part of Bucharest, in the Politehnica-Lujerului area, on Iuliu Maniu Boulevard no. 15, Politehnica Business Tower benefits from an extended view that spans over a radius of several hundred meters.

Car access is easy, and the location near the 2 Politehnica and Lujerului metro stations, as well as the proximity to the bus stations, make the new office building a suitable space for businesses that emphasize the conditions and accessibility offered to employees. There are also 3 large shopping centres nearby (Plaza Romania, Afi Palace Cotroceni, Cora Lujerului) and the Politehnica University.

The safety of employees is also very important, which is precisely why access to the building is controlled, monitored and permanently guarded.

The building benefits from premium class finishes, which give a touch of elegance, modernism and durability, and the circulation inside the building is carried out by 3 high-speed elevators, with increased capacity and a short waiting period.

“It is the first office building that PEDRO Construct has developed to date and adds to an impressive track record of real estate developments carried out in the company’s 30 years of activity. Together with my father, Petre Niculae, and our new business partner, Florin Ababe, we have important investment plans for the coming years, and the projects we will develop will bring a new vision and approach to our business, but also to the entire real estate sector”, says Lucia Niculae, Business Development Director, Pedro Construct.

The property rental process is coordinated by the international company Avison Young which has been present on the Romanian market since 2017. The company offers owners and tenants consulting services in real estate investments, rental transactions, financing, evaluations, property and project management for all types of properties.

“The Central-West area has become the most important business area, both from the point of view of the availability of modern spaces as well as its rental activity. The strategic location on Blvd Iuliu Maniu, in the immediate vicinity of the Politehnica University, less than 500m from the Lujerului metro station, offers us all the prerequisites for a quick rental process of the entire project” emphasized Otilia Bordei, Head of Office Agency, Avison Young Romania.

The building also offers the opportunity to rent and/or sell co-working spaces, being easy to compartmentalize for future customers.

You can see the PBTower project, dedicated to office spaces in this short video

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Deniza Cristian | 09/03/2023 | 17:26

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