Wednesday, 18 February 2026
EVO Properties is advancing one of Bucharest’s most notable urban regeneration projects, committing more than €10 million to transform its London and Oslo buildings in the city’s central-west district into a multi-purpose complex that blends office, medical, cultural, and hospitality spaces.
The two properties, among the most modern in their area, were purchased by EVO Properties at the end of 2023. The company’s goal is to shift them from traditional workplaces into a community-oriented hub designed to reflect new patterns of urban living and working. Chief Executive Adinel Tudor said that this strategy responds to how companies now view offices—as places that should foster well-being and social interaction, not only productivity.
CIJ EUROPE sat down with Adinel Tudor to discuss how EVO Properties redevelopment of the London and Oslo buildings fits into a changing office landscape, where the boundaries between work, lifestyle, and community are increasingly blurred. In the conversation, Tudor outlined how EVO Properties aims to redefine the purpose of office space in Bucharest by integrating health, culture, and hospitality within a single environment. “The workplace of the future is not about size or prestige-it’s about creating meaning,” he said. “People come back to offices that add value to their daily lives, not just those that provide a desk.”
Market analysts note that the move comes as Bucharest’s office sector begins to stabilise after several challenging years. Vacancy rates in the central-west area have eased as tenants return to quality buildings offering greater amenity value. The London and Oslo scheme adds to a wave of repositioning projects that have helped the district regain momentum after the pandemic lull.
The redevelopment introduces new uses at ground and podium level, including healthcare and culture. One of the first tenants is Digest Med, a leading Romanian clinic that will operate a diagnostic and outpatient centre in the London Building. Next door, the Oslo Building has become home to Teatrul de Artă OSLO, a boutique venue for stage performances and live music. Both elements are meant to create a livelier and more open environment around what were once purely corporate spaces.
In addition, a café operated by Boutique du Pain now anchors the London Building’s lobby, complementing landscaped outdoor areas with public seating and Wi-Fi access. EVO Properties has also opened a gym reserved for occupants, reflecting its focus on health and wellness as part of the workplace experience.
EVO Properties is also planning to add a small-scale aparthotel, which would provide short-stay accommodation and serviced apartments aimed at business travellers and long-term tenants. Discussions with potential management partners are in progress, and work could begin as early as 2026. The developer believes this component will fill a service gap in west-central Bucharest, where hotel capacity has not kept pace with office growth.
Both buildings have high environmental ratings and are fully electric, aligning with Romania’s energy transition. EVO Properties reports that all systems run on power sourced from the national grid, which now draws roughly 45 percent of its supply from renewables. The company plans further upgrades to improve accessibility for people with limited mobility and to integrate smart technologies that optimise lighting, ventilation, and temperature.
The initiative reinforces a broader shift underway in Bucharest’s property market. Developers are increasingly reimagining well-built but underutilised office assets to create flexible spaces that combine work, leisure, and services. This evolution reflects a growing demand from tenants for locations that offer convenience, amenities, and a sense of place.
Once fully operational, the two buildings will total about 31,000 square metres of mixed-use space. EVO Properties long-term vision extends beyond these properties: the firm plans to apply the same integrated approach to other urban sites with strong potential for community-focused redevelopment.
“Romania’s property market is moving beyond the idea of standalone offices,” Tudor said. “Our goal is to build spaces that contribute to everyday life, not just to business activity.”
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