Globalworth signed a lease agreement for Globalworth Plaza with LSD Group, a multinational general contracting and fit-out company based in Bucharest that is emerging as a preferred business partner across 9 countries in the region. In line with their development strategy, a long-term leasing transaction was completed for a period of 6 years with a total surface area of 1,200 sqm in the office building located on Pipera Street.
Eurowag, a pan-European integrated payment and mobility platform focused on the commercial road transport industry, has leased 1,300 sqm of office space in the U•Center 2 building developed by Forte Partners in Bucharest. The space will host the company’s Romanian headquarters.
River Plaza, class A building, awareded with Breeam In Use certificate, Very Good level, announces the presence in the building of the exclusive Altezza medical aesthetics clinic.
One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces a significant office project to be developed for the listed German tech giant Infineon Technologies, a leader in designing and manufacturing semiconductors.
The average office transaction size during the first 9 months of 2023 has been of 1,810 sq. m, the highest average registered in the last 4 years and close to the record level of 1,900 sq. m set in 2019, according to data from the Cushman & Wakefield Echinox real estate consultancy company.
The interest of office tenants was much higher for contract extensions in existing buildings than for new spaces in the third quarter. The companies traded a total area of 158,923 sqm, of which 104,004 sqm were contract extensions and 51,879 sqm leases of new spaces, in Bucharest, according to the analysis made by Fortim Trusted Advisors, member of the BNP Paribas Real Estate Alliance.
One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania announces the conclusion of a lease contract for the relocation of the company Medialine within the One Cotroceni Park development. The contract has been signed for a duration of 8 years. Medialine's new headquarters, a top provider of IT infrastructure solutions tailored to the diverse needs of businesses, reflects Medialine's commitment to providing its employees with a pleasant and modern working environment in line with sustainability principles.
Property developer Portland Trust has inked a partnership with Griffes for managing the leasing and commercial operations of Bucharest-based J8 Office Park.
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