Evo Properties announces its first project: the reconversion of the Class A+ office buildings, London and Oslo, into a multifunctional hub. This new concept is dedicated to creating a vibrant space for offices, culture, hospitality, as well as medical and wellness services. This is just the first step in the evolution of River Tower Project into the new company – EVO Properties – a developer with a clear and ambitious vision for creating sustainable and interconnected communities.
The current functionality of the Class A buildings, London and Oslo – among the few in Bucharest with BREEAM Outstanding certification (scoring 90.3 percent in 2023) – represents the first step in the evolution of the River Tower Project towards EVO Properties. The developer aims to set new standards for the next generation of co-living spaces, designed specifically to meet the dynamic lifestyle of end-users, in a vibrant and collaborative ecosystem.
As part of the reconversion into a multifunctional hub, a significant investment of over EUR 10 million is required to accommodate new tenants and repurpose existing office spaces. A substantial portion of this investment, amounting to EUR 5 million, will be allocated within the next six months.
“Our vision for the London and Oslo buildings, as well as for future projects, developed under EVO Properties company, is to create spaces that go beyond traditional office environments. This is the first approach, already under process, to implement a multi-functional hub through the partial conversion of new, A+ class office buildings. We aim to create spaces where people can feel connected, productive, and inspired. Our efforts are focused on building strong communities, creating an inspiring work environment, and accomplishing a mix of functions that contributes to the success of our tenants’ businesses”, declares Adinel Tudor – CEO of EVO Properties.
By the end of 2025, the over 31,000 sqm of the London and Oslo buildings will be transformed into a multifunctional hub featuring a balanced mix of uses. Modern offices will occupy approximately 50-60 percent of the leasable area, while hospitality services and medical & wellness facilities will account for 20-25 percent and 10%-15 percent will be allocated to medical and well-being services. The remaining area is occupied by the Lumina Cultural Center, a pioneer in organizing theater performances in a space adapted from an office building, bringing art to the heart of the community. There are also spaces dedicated to various services that complement the experience of those who come to the office daily, including a café that is set to open in the coming months.