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Articles - new lease

Endava moves its Romanian IT center in Cluj-Napoca to larger offices, will add 300 more people

British IT services provider Endava recently inaugurated its new headquarters in Cluj-Napoca, in central Romania, which is now the group’s largest center, hosting 550 employees.

Renault signs lease extension with North Gate for 20,000 sq m

Renault Technologies Europe has agreed to extend their lease terms until 2018 in North Gate Office Building, Pipera Boulevard, according to an announcement from Creativ Invest Group.

British Council has secondary quarters in Magheru-Amzei area

British Council has recently opened new classrooms in a building situated on 2 Mendeleev St. in Bucharest, in the downtown area Magheru-Amzei.

The Germans from Deutsche Bahn to develop services centre in Pipera

German group Deutsche Bahn, with worldwide revenues of EUR 39 billion in 2013, will develop a service centre with hundreds of employees within Hermes Business Campus project in Pipera, where it has rented 2,000 sq. m in the first phase.

EU Funds Ministry doubled its leased area in Tower Centre

The Ministry of European Funds nearly doubled the surface it’s currently renting in Tower Centre International, the office building owned by Ioannis Papalekas. The ministry rented nearly 3,900 square meters last year for EUR 1 million per year.

Skanska signs HP for 16,400 sqm at Dominikański

In one of the biggest lease transactions on the CEE office market, Skanska Property Poland signed HP Global Business Center for 16,400 sqm at its Dominikański scheme, currently underway near Dominikański Square in Wrocław.

Flanco rents 5,000 sqm in H. Essers logistics center near Bucharest

IT retailer Flanco rented a surface of 5,000 square meters in the H. Essers logistics center near Bucharest, in order to cut down on the time wasted for supplying its stores. Flanco will save 24 hours on supply, the company announced.

First mall reconverted to factory: Leoni will produce cables in Armonia Arad

The producer of cables for the auto industry Leoni Wiring Systems, part of the German group Leoni, will occupy nearly a quarter (7,000 sq. m) of the industrial park resulted from the reconfiguration by Immofinanz of the commercial centre Armonia Arad.
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