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January 25, 2022
BUSINESS BUSINESS COMPANIES ECONOMY Real Estate

PPF Real Estate invests almost EUR one million in Metropolis Center’s new ground floor

PPF Real Estate, developer and investor with real estate assets exceeding two point five billion euros globally, reaffirms its long term commitment to the Romanian market and invests over almost 1 million EUR in 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 come to fruition in November this year.

“Our purpose is creating value for our tenants, as well as providing high quality standards and a pleasant, inspiring work environment. 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. We are enthused to now welcome our tenants and visitors in Metropolis Center`s new ground floor experience. The new lobby design is both impressive, efficient, streamlines indoor traffic, and offers an array of facilities to our tenants”, said Mirela Ciovica, Head of Leasing Romania, PPF Real Estate.

The new ground floor in Metropolis Center features a new reception desk, fully furnished meeting rooms designed to be used by the building tenants, and a coffee shop, as a novelty introduced by the new design.

The canteen capacity was extended by transforming part of the former lobby in building B into restaurant space. The floor also hosts relaxing areas with small tables and sofas available for tenants and visitors. The new concept includes styled finishes on the floors, walls and ceilings, TV screens and info panels, creating a warm and welcoming environment.

Considered a reference building in Bucharest by its unique architecture and central location, Metropolis Center has 19,000 sqm for office and retail spaces and 1,500 sqm of pizzetta in its front. It currently houses mainly multinational tenants such as the European Bank for Reconstruction and Development (EBRD), Parexel, DLA Piper, Boehringer Ingelheim, Queisser Pharma, Mega Image, Tecton and others.

 About PPF Real Estate

 

Part of PPF Group, PPF Real Estate manages assets in excess of EUR 2.5 billion in the real estate markets of Europe, UK, Russia and the USA. The company is present in all segments of the real estate market, from real estate acquisitions and developments, construction, to facility management and management of private equity and real estate assets. Its mission is to create value through strategic investments and portfolio expansion in the real estate sector. In Romania, the company owns and manages two Class A+ office buildings, both located in the center of Bucharest – Crystal Tower and Metropolis Center, with a total rentable area of 35,000 sqm.

 

About PPF Group

 

PPF Group invests in several market segments, including financial services, telecommunications, media, biotechnology, real estate, and mechanical engineering. The growth of PPF Group is based on the development of traditional and new industries, the building of modern infrastructure, the digital economy and the connection of Czech talent and capabilities with global opportunities. PPF Group operates in Europe, North America, and Asia. The group operates in 25 countries, has assets worth EUR 44 billion and employs 98,000 people globally (as of 30 June 2020).

 

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