"The IT&C field brings 67% of the demand for office space, at regional level, the share being higher than in the capital. Principal33 is part of this trend of regional expansion and has opted for Cluj-Napoca, the city with the most technical university graduates in Romania. The Maestro Business Center project benefits from a central, privileged location, in terms of access to all urban facilities", says Nicolae Ciobanu Managing Partner - Head of Advisory at Fortim Trusted Advisors, member of the BNP Paribas Real Estate Alliance.

Maestro Business Center is a boutique building with modern office spaces, located on the ground floor and nine floors. The total area of class A office space is approximately 10,000 sqm and the leasable area is 7,000 sqm.

"We decided to move our headquarters because our team in Cluj is constantly growing. We want to offer our colleagues a more pleasant workspace, so we found a new office space to suit our needs. The new place has been arranged to meet our requirements, benefiting from a beautiful view and plenty of natural light. We also created two areas for socializing and relaxing, including a gaming place, to encourage interaction between colleagues. We also have outdoor spaces, such as the building's terrace and rooftop, where colleagues can spend time outdoors. We are excited to start this new stage in a modern and comfortable work environment," says Otilia Balla, Talent Acquisition Lead - Principal33.

The rented area of Principal33 is 515 sqm and will accommodate 50 employees.

Among the tenants of the Maestro Business Center building are also the companies Steelcase, PWC, RoPlanet, Microfocus, Global Convergence, PKF Econometrica. On the ground floor, a shopping area is provided, where La Casa restaurant currently operates and where service space is available.

The Property Management services of the Maestro Business Center building are performed by Fortim Trusted Advisors, member of the BNP Paribas Real Estate Alliance.

Cluj-Napoca University Center has a share of 34% of the total relocations and extensions of offices at regional level (take-up transactions), ranking second in the rental of new offices at regional level, in Romania. On the first place is Timisoara, with a share of 39%. In third place is the city of Iasi, with a share of 25%.

In the first three quarters of 2023, office space with a total area of 36,824 sqm was leased, of which 67%, a total area of 24,966 sqm is represented by new spaces and the rest offices under renewal contracts.

In terms of lease renewals, in 2023, the city of Brasov excelled, where companies such as Accenture and Tata Technologies renewed contracts in existing spaces, in the Coresi Business Park complex.