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Articles - new lease

Europe House reaches 97 pct occupancy rate

Europe House office building has reached a 97 percent occupancy rate after closing a deal for 1,550 square meters with Arnia Software, according to DTZ Echinox.

European Funds Ministry relocates to Tower Center

European Funds Ministry will relocate in the office building Tower Center in Piata Victoriei, owned by the businessmen Ioannis Papalekas and Dragos Bilteanu.

Lear Corporation rented 12,000 sq. m production and office spaces in Iasi

American producer Lear Corporation, one of the main worldwide suppliers of chairs and electric distribution system for automotive industry, rented a production facility and offices on 12,000 sq. m within Solo Industrial Park in Letcani near Iasi, announced CBRE, the transaction broker.

Mars Inc. and Royal Canin to consolidate their Romanian operations

Mars Inc. has extended the lease for the premises of approx. 600 sq. m occupied within the office building situated on 169A Calea Floreasca St., owned by NEPI. Royal Canin has relocated next to its parent company, Mars Inc., renting an office space of approx. 350 sq. m on the 7th floor of the A building, in order to offer more visibility to the operations in Romania and to be more efficient in their communication with the clients.

The Advisers/Knight Frank signs the relocation of Honda to Global City

The Advisers/Knight Frank, leader of the office market for the past 5 years and recently awarded „Office Agency of the Year” at the CIJ Awards 2014, has advised on the relocation of Honda Trading Romania in Global City.

Ericsson wins contract with Orange and expands its office with 30 pct.

Swedish communication industry group Ericsson, which has reached on the local market approx. 3,000 employees, continues to expand and rented in Bucharest a complementary space of approx 5,000 sq. m as the business increased and the company won a externalized services contract with Orange Romania, the largest mobile phone operator on the local market.

Deutsche Telekom leases building in Globalworth Campus

Greek businessman Ioannis Papalekas and Telekom Romania Telecommunications, part of Deutsche Telekom Group, signed a 10-year lease agreement for 25,000 square meters in the first office building in Papalekas’ Globalworth Campus office development in northern Bucharest.

Ponderas hospital to relocate from Dristor area to Art Business Center in Northern Bucharest

Bucharest’s Ponderas hospital, specialized in bariatric surgery (treatment for obesity), will relocate in the beginning of next year from Dristor area to Art Business Center building located on Nicolae Caramfil St. in Northern Bucharest, where it has rented approx. 8,000 sq. m

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