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.




Latest news


New leases

  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


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