The globally active financial software provider Misys will occupy 8,000 sqm of Orhideea Towers from March 2018. Misys has been a tenant of River Place, a CA Immo portfolio building in Bucharest, since 2008. In the wake of positive business developments, the company’s premises have steadily expanded from 2,200 sqm to the current level of 6,500 sqm.

According to Frank Nickel, Chief Executive Officer of CA Immo, “The development of Orhideea Towers will enable us to meet the expansion plans of our tenants, many of whom are long-standing partners. At the same time we will strengthen our local market position and add another class A structure to our fully let asset portfolio in Bucharest.” 

About Orhideea Towers

Located in the west of Bucharest, Orhideea Towers offers direct access to the subway and excellent visibility. The two towers of the H-shaped building, which will have a gross rentable area of 37,000 sqm, are linked by a bridge. Construction started with foundation works in October 2015, and the overall project will be completed by the end of 2017.

Orhideea Towers will be developed in line with CA Immo’s high quality standards as regards design, technical specifications and sustainability criteria; an application will be made for LEED certification in gold. In this respect, CA Immo can point to a significant track record and years of experience as a developer of high-quality office properties.

The two towers of Orhideea will have 13 and 17 storeys respectively; both offer generous floor space of up to 2,700 square metres on each level and two underground floors. The structure includes 406 parking spaces and bicycle storage along with showers and changing rooms for cyclists.