UpGround
| UpGround | |
|---|---|
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| General information | |
| Status | Completed |
| Location | Bucharest, Romania |
| Construction started | 2007 |
| Opening | 2010 |
| Cost | €260 million |
| Owner | Deutsche Bank |
| Height | |
| Roof | 55 m (180 ft) |
| Technical details | |
| Floor count | 16 |
| Floor area | 226,000 square metres (2,430,000 ft2) |
| Lifts/elevators | 16 |
UpGround is a condominium located in Bucharest at the intersection of Barbu Văcărescu and Fabrica de Glucoză streets and Şoseaua Petricani. The project consists of four buildings, two residential and two office with a total floor area of 226,000 square metres (2,430,000 ft2). The two residential buildings have 16 floors each and include a number of 600 apartments and have a floor area of 126,000 m2 (1,360,000 ft2).[1] The project also includes the seven floor class A office building BOC Tower. The tower has a gross leasable area (GLA) of 57,000 m2 (610,000 ft2) making it the largest office building in Romania.[2] The most important tenants are Banca Românească which occupies 15,000 m2 (160,000 ft2) and GfK with 2,730 m2 (29,400 ft2).[3]
In May 2008 the project was bought by RREEF Real Estate, the real estate branch of Deutsche Bank for €340 million making it the largest real estate transaction in Romania.[4]
External links
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