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PPF Real Estate invests 1 mln euro in Bucharest office building

PPF Real Estate invests 1 mln euro in Bucharest office building PPF M Lobby Source: PPF

BUCHAREST (Romania), December 3 (SeeNews) - PPF Real Estate said on Friday it has invested 1 million euro ($1.13 million) in Bucharest office building Metropolis Center, for the redesign of the ground floor and ongoing works for the pizzetta located just outside the building.

Construction works have been in development for the past months and were completed in November, PPF said in a press release.

" The new investment is proof of PPF’s long-term commitment to Romania and to its tenants, who need change and upgrade now that they are returning to the office in a hybrid work model," PPF Real Estate Romania head of leasing Mirela Ciovica said.

The new ground floor in Metropolis Center features a new reception desk, fully furnished meeting rooms and a coffee shop.

PPF Real Estate finalized the purchase of Metropolis Center office building in Bucharest from Austria's Soravia group in 2016.

Metropolis Center has 19,000 sq m for office and retail spaces and 1,500 sq m of pizzetta in its front.

($= 0.8828 euro)

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