Romanian developer Iulius has announced plans for a new office building in the Palasi Iași complex. This will be the eight-office building in the complex that will be developed following an investment of around €40 million.
The new project with a leasable area of 18,000 sqm will be built in line with green principles, which ensure efficient operation and optimal comfort. The building will be fitted with two levels of underground parking, which will be connected to the existing underground parking of the complex, the largest in Romania, with more than 2,500 parking spaces.
“Our new development caters to the growth plans of companies showing interest in the developments of Iulius, and we already have ongoing negotiations in various stages,” said Ionuț Pavel, Office Buildings Manager Palas Iași & Palas Campus.
Over the last decade, in the office segment, Iulius has created a premium office space infrastructure adding up to 130,000 sqm in Palas Campus and Palas Iași.
