News Article Bucharest Cushman&Wakefield Echinox office property management Romania Țiriac Imobiliare
by Property Forum | Office

Cushman & Wakefield Echinox has been appointed to manage the Ţiriac Tower office building in Bucharest’s Central Business District, starting with October. As a result, Cushman & Wakefield Echinox will be responsible for the management of daily administrative-operational activity within the project, through a team of specialists both on-site and at the headquarters, coordinated by Mihaela Petruescu, Partner Asset Services.

Ţiriac Tower is a Class A office building, located on Buzeşti Street, in Piaţa Victoriei area, with a gross leasable area of ​​16,500 square meters. The 5-level underground area was built using top-down technology and has 259 parking places, 48 ​​bicycle stands, locker rooms and charging stations for electric cars. With a height regime that efficiently combines distinct volumetrics, 5UG + GF + 5F / 8F / 12F, with 700 square meters of relaxing terraces, the building will be served by 8 elevators. The building in the Ţiriac Imobiliare portfolio will be put into use in Q1 2021.

Ţiriac Imobiliare is a company founded in 1994, with fully integral Romanian capital, which manages the entire real estate portfolio of Ţiriac Group. With over 4.7 million square meters of land and more than 440,000 square meters already built, Țiriac Imobiliare, through its 29 constituent companies, manages a mix of office buildings, residential, retail and auto showrooms across the country.