- MEDCITY expands its network to 11 buildings in Romania, introducing the medical hub concept in one of the country’s most dynamic economic centers in the western part.
- Over €7 million invested in a project set to become a landmark in the local healthcare system.
- Currently, 40% of the project is already leased.
MEDCITY, the only developer in Romania exclusively focused on real estate concepts dedicated to the healthcare sector, announces the start of construction for the first medical hub in Timișoara. MEDCITY aims to transform a commercial building into a benchmark ecosystem in the healthcare domain, facilitating access to high-quality medical services provided by renowned operators. This hub will become a unique medical destination, designed to make a positive social impact on the local community.
Located centrally on Corneliu Coposu Boulevard, near the Bega River promenade, the MEDCITY hub is easily accessible: just a 15-minute walk from Victory Square, a 5-minute drive from the County Emergency Clinical Hospital and the “Victor Babeș” University of Medicine and Pharmacy, as well as other public and private medical institutions.
The new MEDCITY Timișoara project aims to create a premium medical ecosystem where medical operators—tenants within the building—will offer innovative services in a modern, safe environment, fully compliant with medical infrastructure regulations.
The MEDCITY Timișoara medical hub will serve as a unique synergy platform, fostering collaboration among healthcare service providers and enhancing access to quality care for the local community.
“MEDCITY Timișoara will be more than just a medical facility; it will function as a collaborative space where top healthcare providers unite under one roof to deliver high-quality care to the local community. We are excited to inaugurate this center of medical excellence, which we are confident will become a reference point for the entire community,” stated Alexandros Diamantis, Managing Director of MEDCITY.
The building will offer approximately 1,100 sqm of leasable space across four floors, exclusively dedicated to medical services and related activities. The €7 million investment includes the building’s conversion and the installation of state-of-the-art equipment. Currently, 40% of the MEDCITY Timișoara project has already been leased, and the building is scheduled to open in the spring of 2025.
MEDCITY Timișoara will include specialized features to ensure optimal ergonomics and safety for medical professionals and patient comfort. It will also include special facilities such as lifts for people and stretchers, easy access for individuals with disabilities, multiple entry points, backup water and electricity sources, and more. The building is designed to meet the nZEB (nearly Zero-Energy Building) standard, ensuring low energy consumption during operation.
In Romania, MEDCITY owns a portfolio of 11 buildings across several cities, making it the largest network of properties specifically designed for medical services. These properties represent over €30 million in investments, offer a total leasable area of over 20,000 sqm, and boast a 95% occupancy rate across the portfolio. MEDCITY plans to develop new projects in Bucharest, Cluj, and other key locations nationwide.