No tenants for Patriciu's Piaţa Romană office building yet

Businessman Dinu Patriciu, who by taking over Fabian real estate investment fund became a significant owner on Bucharest's office market, has not found any tenants for the building he is erecting in Piaţa Romană area of Bucharest, whose completion has been delayed by around three months, to the first quarter of next year.

Patriciu started erecting an office building on a 600-sqm plot Fabian bought in 2007 for 4.6m euros, namely 7,500 euros/square metre, one of the most expensive plots of land sold in Bucharest.
"The project has made significant progress since last summer and works are going on, but there are indeed small delays. The new term was set for the first quarter of next year," stated the representatives of Dinu Patriciu Global Services, under which the billionaire manages his real estate portfolio.
The building will also have two underground levels with a 36-spot car park, and the lettable office area will amount to 2,300 square metres.