The company has maintained the interest for the same localization of the office’s premises but has desired a modern building with the newest technology implemented which reflects low energy costs, green certification, and sufficient parking places adequate to the company’s needs.

“NAOS’s managers have chosen this space being pleased by the advantages of the Tower building, within a competitive lease proposal. Among them there are the efficient structure of the floor plan which has been easily adapted to the organisational chart, the abundant natural lighting, the generous outdoor terrace, and the possibility of parking places which was sufficient for the employees. Of course, it mainly mattered the fact that the offices are in a modern A class building, recently put into use, with a higher visibility, yet located in the same prime area in CBD as their former premises “, declares Nicolae Ciobanu, Managing Partner- Head of Advisory at Fortim Trusted Advisors, member of the BNP Paribas Real Estate Alliance, which has mediated the transaction.

The Mark is an A class office project in the Central Business District (CBD), located near Victoriei Square. The Mark has an office space area of 25,500 sqm, in two complementary buildings, The Mark Tower and The Mark Podium. The project offers numerous conveniences, including here the 11 stations for electric cars recharge, a certificate of green building at BREEAM Excellent standard, a lower energy consumption by approximately 30% comparing to regular buildings, 345 parking spaces, 72 racks for bicycles, area for services and food at ground floor level, among the operators being present The Mark Restaurant & Pub and Starbucks.

Among the existing tenants of The Mark, we mention Deloitte, Reff/Asociații, Hotspot coworking hub, S IMMO Romania, Dentons, Infosys and eSky.

“Last year three new buildings appeared on the office market in the Central Business District (CBD) area, reaching a total of 41,700 sqm, which led to an increase of the existing space stock by 10.7% related to CBD area, or 1% related to the la total stock of modern office space in Bucharest. However, the take-up was quite a good one, considering the present terms of the office space market, affected by the sanitary crisis. Therefore, early this year there is available office space of approximately 10% of the CBD total, below the average level of 13.3% from the total vacancy in Bucharest “, declares Nicolae Ciobanu, Managing Partner- Head of Advisory Fortim Trusted Advisors, member of the BNP Paribas Real Estate Alliance.

Last year in CBD area were signed agreements for new lease, pre-lease, or extension of leases by 24 companies, among which Olx, God Mother, Estee Lauder, Concrete&Design Solutions, Peli Partners, Google, Cevalogistics, Sweat, with areas between 176 sqm and 5,400 sqm.

The biggest office vacancy in early 2022 is registered in Pipera-Voluntari (17,3%), Center-East (18,6%) and North (19,2%). Tenants have kept their interest for CBD and central area during the pandemics, resulting in a low vacancy in both areas, below Bucharest average (13.3%).