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IULIUS and Visma Software sign deal for 4,200 sqm in UBC 3 building within Openville Timisoara

The IULIUS Company and Visma Software, a Norwegian developer of business management software solutions, have signed a lease agreement for office premises within the United Business Center 3 (UBC 3) office building in Openville Timisoara.

2017-07-20 15:24:26

Visma Software leased 4,200 sqm of the total 18,000 sqm leasable area of the third-class A office building within the project that is currently pending development in the vicinity of Iulius Mall Timisoara. The leased premises will provide support for Visma Software's local development strategy. The office in UBC 3 will span on three of the 14 floors of the building.

Visma Software has been present in Timisoara since 2006 and has 180 employees. The company is headquartered in Sibiu and has approximately 400 employees in Romania (in Sibiu and Timisoara).

The construction works for UBC 3 started this June, the estimated completion date being of approximately 12 months. This is the third of the seven office buildings designed for the mixed-use project in Timisoara. With a gross leasable area upwards of 130,000 sqm, the office component of the Openville project is set to become a regional business hub.

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