Colliers International assigned property manager for the office project Vox Technology Park in Timisoara

Georgiana Bendre 16/03/2018 | 11:06

The real estate consultancy company Colliers International was assigned by Werk Property Group to offer property management services for the Vox Technology Park office project in Timisoara, following an investment of EUR 30 million. Therefore, the Colliers International team strengthens its leading position on the office property management market, as the managed office portfolio grew by 10 percent up to 280,000 leasable sqm, out of a total portfolio of 380,000 leasable sqm.

„The varied portfolio managed by the Colliers International team includes office buildings and industrial projects throughout the country and in Bucharest. The addition of Vox Technology Park, the 12th office project for Colliers, represents the consolidation of the portfolio’s office segment. Moreover, the increase at a regional level highlights the increased appetite from owners outside Bucharest for property management services and, consequently, the maturing of this market”, Stefania Baldovinescu, senior partner and director of Real Estate Management Services at Colliers International said.

Vox Technology Park has a leasable area of 26,600 sqm, divided in a building with two bodies of seven and ten floors respectively, also offering spaces of up to 3,500 sqm per floor.The project has 280 parking spaces, including several electric car charging stations and bicycle spaces. Additionally, in the immediate vicinity of the project, an overground parking with 400 seats will be built this year.

”We have achieved our goal of developing one of the most modern real estate projects in Romania, not just in Timisoara, an achievement confirmed by the BREEAM rating and the list of offered features,” Virgil Tornoreanu, managing partner Werk Property Group, the project developer, said.

Werk Property Group is one of the most important developers in the western part of the country and has been active for many years on the residential segment.

Businessman Tornoreanu also owns the Vox FileMaker Solutions software company, which develops programs and applications for international companies and various public and banking institutions in Western Europe, and is also the authorized Apple Vox Store reseller and service in Romania.

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