Forte Partners has purchased a 5,400 sqm land plot for the third building of The Bridge in Bucharest. At an average price of at least €500 per square meter in the area, the deal could amount to €2.7 million, zf.ro estimates.
“The second phase of The Bridge will be completed in the first quarter of 2019, when the first tenants already announced are due to move in. We bought an about 5,400 square meter plot of land for the future expansion of the project, the third phase, next to the second building. This land will be developed as needed by the current tenants who seek to expand or by future tenants who want to come to The Bridge,” said Geo Margescu, CEO and Founder of Forte Partners, who will speak at the upcoming CEE Property Forum 2018 in Vienna.
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