America House in Bucharest completes refurbishment

30
May
2022
News - America House in Bucharest completes refurbishment #ADD Value Management #America House #Bucharest #David Hay #office #Romania

by Property Forum | Office

The America House office building in central Bucharest was refurbished as part of a €10 million investment that included the upgrading of the exterior ground floor area and the extension of green spaces. 


Around 1,800 sqm of unused space on the first floor was turned into offices as part of the project that was coordinated by AMA Design studio. Fortim Trusted Advisors also oversaw the refurbishment as property manager.

“America House is proudly presenting its new look: the stylish reception, the high-tech facilities, and the cosmopolite pedestrian area, following 1.5 years of intense refurbishment,” said David Hay, founder, and CEO of ADD Value Management, the asset management company of America House. The lifts and security systems were also upgraded in this period.

David Hay

David Hay

Founder and CEO
ADD Value Management

David Hay is the Founder and CEO of ADD Value Management SRL (AVM). AVM provides in-house services for international investors covering portfolio management, financial management, asset management, property management and development management focusing on Romania and Poland. David has a real estate experience of more than 30 years, spreading over Europe, the U.S., Africa and Israel. He has been the CEO of AFI Europe from 2011 until 2018 and has held leadership positions within AFI Europe Group for more than 12 years. David holds an LLM from Buckingham University. More »

America House has 28,806 sqm of office space and commercial areas spanning 3,675 sqm. The project’s mix of tenants includes financial and technology corporations as well as local firms.




Latest news


New leases

  • Premium office operator Hotspot has expanded its flexible workspace footprint within Bucharest's The Mark building by approximately 700 sqm to meet rising corporate demand. The expansion brings the total area of private office and coworking spaces at the Hotspot Workhub sites to approximately 2,552 sqm.
  • Stook Concept has leased a 3,600 sqm module within building C2 at the MLP Bucharest West logistics centre. The facility comprises approximately 3,500 sqm of warehouse space and 100 sqm of offices. The building is in its final construction phase, with handover scheduled for later this quarter. Colliers represented the tenant in the transaction.
  • DXC Technology has extended its lease agreement for office space in Warsaw’s Skyliner tower, securing its tenancy until 2032. The global IT services leader will continue to occupy nearly 4,600 sqm of office space distributed across three floors of the Karimpol Group’s flagship development.

New appointments

  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
  • Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.


Latest news

News - Hyprop snaps up Bulgarian shopping centre for €122 million
03
Jun
2026

Hyprop snaps up Bulgarian shopping centre for €122 million

by Property Forum
Hyprop Investments, South Africa's largest listed specialised shopping centre REIT, has agreed to acquire Galleria Burgas, a shopping centre located on Bulgaria's east coast, for €122.2 million before adjustments.
Read more >
News - HB Reavis secures €200 million refinancing for Warsaw asset
03
Jun
2026

HB Reavis secures €200 million refinancing for Warsaw asset

by Property Forum
A consortium of four banks has extended HB Reavis' long-term investment financing facility of €200 million for the Forest office campus in Warsaw. The agreement runs until the end of 2031 and was secured on terms.
Read more >
News - Radisson opens Timișoara's first lifestyle hotel
03
Jun
2026

Radisson opens Timișoara's first lifestyle hotel

by Property Forum
Hotel Galaxy Timișoara, a member of Radisson Individuals, has opened as a 48-room lifestyle hotel at 18-20 Gheorghe Lazar Street in the old city of Timișoara, Romania. The property marks the brand's debut in western Romania and introduces the city's first internationally affiliated lifestyle hotel in the historic centre.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy