Anchor Group is scheduled to deliver its second office building in Bucharest by 2014. The project is going up on Timisoara Boulevard near the Plaza Romania shopping center, which is also owned by Anchor Group. Once completed, the €50m project will offer 36,600 sqm over 12 floors. The developer has another office building in the same area, Anchor Plaza, which is fully leased. Anchor Group also recently announced it planned to expand Bucuresti Mall and Plaza Romania. The developer has invested €350m on the Romanian market since 1997. The company is part of Fiba Holding, founded in 1987 by the Turkish businessman Husnu Ozyegin.