Globalworth completes Renault’s new Bucharest HQ

21
Feb
2019
News - Globalworth completes Renault’s new Bucharest HQ #Bucharest #development #Globalworth #office #Romania

by Property Forum | Office

One and a half years after starting work on the site in the western part of Bucharest, Globalworth has finalised the construction of Renault Bucharest Connected (RBC). The project includes 40,000 sqm of Class A offices, served by an underground level with approximately 240 parking spaces, with a further 760 spaces outdoors. Renault Bucharest Connected includes an 8,000 sqm design centre, and the employees who work there will benefit not only from a 350 seat amphitheatre but also other facilities such as a restaurant, gym and a medical office.


“Renault Bucharest Connected was from the start an ambitious project, designed to meet our partner’s specific needs. It was not always easy, but alongside our partners we found the best solutions to the construction market’s current challenges. The relationship with our tenants stands at the core of our business model. We are by their side from the moment we first meet, and we offer them continuous support from the instant we become their host”, said Dimitris Pergamalis, Head of Construction & Development at Globalworth.
 
Renault Bucharest Connected was developed by Elgan Offices, equally owned by Globalworth and Elgan Group, represented by Simon Roth.
 
The project meets the highest standards in energy efficiency and will be BREEAM certified at the Excellent level. Moreover, Renault Bucharest Connected will be the first building in Globalworth’s portfolio to be EDGE certified (“Excellence in Design for Greater Efficiencies”) as defined by the IFC, the investment division of the World Bank. A project that attains the EDGE standards of 20 percent lower energy use, reduced water consumption and less embodied energy in materials compared to a base case building, can be independently certified. Tenants will benefit from lower utility bills.
 
Renault Bucharest Connected has low electric energy consumption and maximum efficiency in space heating, cooling and ventilation. The two large atriums, which offer more natural light for the well-being of employees as well as reduced maintenance costs, are a unique feature. In the same spirit, the building’s glass façade has been specifically designed to minimise heat loss in winter.



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New leases

  • BearingPoint has relocated its Bucharest office to Vastint’s Timpuri Noi Square, in a deal brokered by Griffes.
  • Lagardère Travel Retail has renewed its 2,300 sqm office lease for its HQ at the Bucharest-based Globalworth Campus, in a deal brokered by Cushman & Wakefield Echinox.
  • Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.

New appointments

  • NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.


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