Pedro Construct invests €18M in new office property in Bucharest
Pedro Construct invests €18M in new office property in Bucharest
  Balkans

Pedro Construct invests €18M in new office property in Bucharest

The project in the central-west part of Bucharest required an investment of €18 million.
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RE+D magazine
03.02.2023

Romanian firm Pedro Construct, founded by Petre Niculae, launched a new office building on the local market - Politehnica Business Tower.

The project in the central-west part of Bucharest required an investment of €18 million.

Politehnica Business Tower is the first office building developed by Pedro Construct so far. It has nine floors and a total built-up area of 9,500 square meters, offering commercial spaces on the ground floor, office spaces for both rent and sale, and 90 above-ground and underground parking spaces.

“We managed to build the PBTower in less than a year. […] 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,” said Petre Niculae, founder of Pedro Construct.