The Iulius Company has commenced the works for the retail component included in the Openville Timişoara project, the largest mixed-use development in the west of Romania. The first phase of the project integrating the current Iulius Mall Timişoara is set for completion in Q4 2018 and will include 47,000 sqm of additional retail premises, 100,000 sqm of Class A offices, a park, a traffic underpass, as well as more than 1,500 new parking places.

The Iulius Company completed a new office building spanning on over 13,000 sqm in Openville Timişoara, the mixed-use project the company develops together with Atterbury Europe in the vicinity of Iulius Mall. United Business Center 1 (UBC 1) is the second building opened in Timişoara in 2017, after UBC 2 (18,000 sqm) opened in January. Following this latest achievement, the total office area delivered by Iulius on the local market over a single year now adds up to 31,000 sqm.

The Openville Timişoara development, the largest mixed-use project in the west of Romania will be opened in the fourth quarter of next year, upon completion of the first phase of development. The project that integrates the current Iulius Mall Timişoara will comprise office, retail, park and entertainment uses, and is developed by the IULIUS and Atterbury Europe companies.