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Liviu Tudor has five projects worth 35m-euro together under way

Autor: Cristi Moga

10.04.2011, 23:54 21

Businessman Liviu Tudor, who, despite being the biggest Romanianoffice owner, very seldom made statements to the press, iscontinuing real estate investments this year, with work under wayon around 50,000 square metres of office space, a block with over300 studios which is set to be rented out, and an 18,000square-metre club in the Militari district of Bucharest, which willservice the West Gate project.

"We are currently working on five projects: a studio block inWest Gate with over 300 studios, which will be completed this year,as well as two office buildings, one in West Gate and one in NovoPark. In addition, we are working on an office building in WestGate, which will be completed next year and on an 18,000square-metre club. Investments in the five projects amount to 35million euros, with no money from the bank, and 20% of theinvestment covered with EU funding," Liviu Tudor said.

He currently owns offices with a lettable area of over 130,000square metres, in Militari (West Gate) and Pipera (Novo Park),which are rented out mainly to multinationals such as HP, Kraft,Citbank and Dacia-Renault.

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