The building will have 30,000 sqm of lettable area, with a floor area of approximately 3,141 sqm. The Arc has been designed to create space for approximately 300 cars on two parking levels. There will also be space for storage, utility rooms, changing rooms with showers and electric vehicle charging stations.
The buyer is PPF Group, which operates in 25 countries. It invests in a range of sectors, from financial services to telecommunications, media, biotechnology, real estate and engineering. PPF operates in Europe, Asia and North America. The investor plans to start construction in the second half of this year, with completion scheduled for 2024.
RC Europe also has other successful projects in Romania. For example, office space under the Central brand, located in Pitești, Drobeta and Slatina, as well as class A office buildings in Pitești and Craiova. In addition, RC Europe Group has developed Nest commercial premises in Miercurea Ciuc, Oradea and Dorohoi.