Honeywell takes 24,000 sqm from Globalworth in Bucharest

29
May
2023
News - Honeywell takes 24,000 sqm from Globalworth in Bucharest #BOC #Bucharest #Cătălin Drăgoi #Globalworth #Honeywell #Romania

by Property Forum | Office

Software industrial company Honeywell has expanded its lease in Globalworth’s BOC office building in Bucharest and will occupy over 24,000 sqm.


The company had initially leased 4,000 sqm in the project back in 2011 and since then has increased its office footprint. As part of the new lease deal, Globalworth will undertake a comprehensive refurbishment and modernization of the design and functionalities within the spaces occupied by Honeywell. 

“The expansion comes at an exciting point in our collaboration with Globalworth, as we are deploying our innovative cloud-based data analytics platform and other systems across the company’s commercial portfolio in Romania and Poland, to help manage energy consumption and maximize occupant comfort. These important milestones reflect our companies’ mutual commitment to creating productive, comfortable and flexible environments for employees across the region and support us in our ambitious target of becoming carbon neutral in our operations and facilities by 2035,” said Cătălin Drăgoi, Head of Strategy and Business Development Central and Eastern Europe, Honeywell. 

BOC building is part of a wider complex developed between 2006 and 2011, which includes three office buildings, two residential towers and several amenities.




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New leases

  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.


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