December 14, 2025

Optim Project Management Completes Tiriac Tower in Bucharest

On November 25, 2021, Optim Project Management announced that it had completed Tiriac Tower, a new office building in Bucharest.

According to the company, Tiriac Tower covers a total built area of approximately 31,000 square meters. It offers class A offices on 12 aboveground floors, a five levels underground car parking with a total of 259 parking places — including 12 parking places for electric vehicles equipped with fast charging stations, and almost 700 square meters of green terraces. Optim Project Management was appointed by Tiriac Imobiliare in 2018 to manage the construction of the office tower and provide a range of services including project management, cost, and commercial management, claims management, and health & safety coordination.

“Tiriac Tower is an illustration of our collaboration with Tiriac Imobiliare and the combined efforts of all entities involved in the project,” said Optim Project Management Founder and Owner David Evans. “I’m very proud that our hard work has contributed to the delivery of such an iconic office building for Bucharest’s Ground zero, and I would like to thank Optim Project Management team for all the efforts, commitment, enthusiasm, and professionalism shown during the construction.”

Optim Project Management also informed that Tiriac Tower benefits from generous glazed surfaces, with access to 75% natural light for the leasable area, and includes solutions to reduce water consumption. These and other modern features allowed the building to obtain the LEED Platinum certification as well as the WELL Health-Safety rating, which helps landlords and tenants adapt their buildings to post-COVID-19 reality.

Get the memo – every week

Essential real estate market updates, straight to your inbox.

Andrei Vacaru Appointed Romanian Managing Director at iO Partners

According to the company, Vacaru's "appointment marks a natural evolution for someone who has been part of the company’s backbone for 18 years."

Global Vision Investment Fund Refinances Retail Asset in Oradea with Raiffeisen Bank

GVIF continues its investment expansion, with a current project pipeline exceeding EUR 100 million in various development stages. These include assets from the retail, industrial–logistics, data center, office, and residential segments.

LPP Signs 11-Year Lease for New Distribution Center in CTPark Bucharest West

According to the developer, this will bring LPP's total space within the park to 125,000 square meters. Located adjacent to LPP Logistics’ new e-commerce fulfillment center, the new facility will support the group’s growth in the region and enhance supply efficiency to key markets.