PEDRO Construct invested EUR 18 million in the Politehnica Business Tower

Politehnica Business Tower is the new office building that PEDRO Construct is launching on the market, being located in the Central-West part of Bucharest, in the Politehnica-Lujerului area, on Iuliu Maniu Boulevard no. 15. The investment of EUR 18 million brings to the Capital a building which comprises of 9 floors, benefits from commercial spaces on the ground floor, and on the remaining floors has office spaces for both rent and sale, totalling over 9,500 built sqm. 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.

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.