Globalworth secures over 25,000 sqm of leases

09
Jul
2020
News - Globalworth secures over 25,000 sqm of leases #Bucharest #coronavirus #Globalworth #lease #office #Romania

by Property Forum | Office

Globalworth's portfolio in Romania has been consolidated by the prolongation and extension of the lease contracts for a period of 3 - 11 years with key partners such as Adecco, Cegedim, Clinicile și Laboratoarele Sfânta Maria, Mazars and a major bank.


In the context of social distancing, the need to increase the existing areas in the office buildings is becoming more and more obvious. Therefore, a total of over 25,000 square meters have been rented in Globalworth Plaza, Globalworth Campus and in the building on the Exhibition Boulevard. Since the National State of Emergency is over in Romania, the companies consider reconfiguring the office spaces, so that the employees keep being safe when returning to work. For the last few years, the trend in the office sector has been the open space. Now, we focus on safety and social distance between colleagues. The new workplace planning led to increasing demand for space - the number of square meters of office space went up from 10 to 20 sqm per employee. This allows changing the layouts, rethinking open-space areas, expanding kitchens, common areas or meeting room and ensuring more distance between workstations.

“The transactions of the last 3 months confirm the strong partnership that Globalworth has with its tenants. Not only the lease contracts have been prolonged, but we have also received numerous requests to increase the office space so that the workplace is as safe as possible. We are grateful for the trust of our business partners and we are confident that together we will get back to the normalcy we all miss. The experience of living through a pandemic will have a long-lasting impact on the way we live and work, and this is why the leasing team in Romania came up with tailored solutions to accommodate the current tenant’s needs, to help them respect the distance inside their spaces”, said Ema Iftimie, Head of Leasing at Globalworth Romania.

In the first month after the lockdown, 25% of the Globalworth tenants returned at the office and a gradual increase of up to 100% is foreseen until September 2020. In addition to solutions related to the increasing demand for space, Globalworth has implemented a series of safety and hygiene measures for all the 14 buildings in the Romanian portfolio.  

These measures are constantly being adjusted and concern a series of actions such as rethinking the traffic circuits inside buildings and common areas, taking measures to ensure the increased efficiency of the HVAC system, installing antiseptic carpets, applying floor stickers to indicate the safe distance, informing employees and visitors about the rules (keeping distance, washing and sanitizing, wearing masks), installing disinfectant dispensers, re-enforcing the cleaning and sanitation program, etc.




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New leases

  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.


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