One United prepares new Bucharest office project

27
Jun
2019
News - One United prepares new Bucharest office project #Bucharest #development #office #One United Properties #Romania

by Property Forum | Office

One United Properties has completed the concept of its new office project One Cotroceni Park.  The new project can offer a floorplate up to 8,000 sqm, addressing companies in search of a headquarter efficiency solution.


“As established areas clutter, the development of new hubs appears as a response to the natural need for the city growth, with spaces adapted to the lifestyle of the new generations”, said Ionut Dumitrescu, Co-Founder One Office, the office division of One United Properties, adding: “Thus, within the central ring of the city, just across the future metro station Academia Militara, on a five-hectare plot a new point of interest emerges on Bucharest’s real estate map: One Cotroceni Park, a multifunctional office, retail and residential compound”.

Real estate developer One United Properties estimates that construction work will start in the second half of 2019 for the project’s office component. The business park will be developed in two phases of 44,000 sqm and 34,000 sqm and proposes an innovative concept: the two L-shaped buildings provide floorspace from 4,800 sqm up to 8,000 sqm. The project is conceived with a "dual" concept, proposing both classical surfaces for a business park and upper floor spaces with "rooftop garden" terraces, dedicated exclusively to the tenant on the respective floor.

One Cotroceni Park's development concept activates the office component with retail spaces of various functions (restaurants, cafes and bars, medical clinics, pharmacy, etc.) and a relaxation area including green, socializing and outdoor sports spaces. The strategy is to deliver a project that energizes the community throughout the day, without being limited to the classic nine to five schedule.

For a high level of comfort for future tenant employees, One Cotroceni Park will be directly connected to the future subway station Academia Militara, via an underground passageway. Underground parking will benefit from 10 access ways for good traffic within the complex. Keeping the developer's "eco" vision, One Cotroceni Park will be certified LEED (targeting LEED Platinum level) and WELL, focusing on improving the health and well-being of the employee through the quality of the work environment.




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New leases

  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.

New appointments

  • 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.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.


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