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.




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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