by Property Forum | Office

Speedwell has closed a significant deal with KPMG for office space lease at Miro, the company’s new project located in Băneasa, Bucharest. The project has marked a key milestone as it has just received its building permit and will welcome KPMG’s employees at the end of 2021. The office division of Knight Frank Romania was the consultant in the transaction.

A total of 8,500 square meters of office space has been leased by KPMG, representing approximately 40% of Miro’s entire leasable area. As one of the biggest transactions in recent months, it reconfirms the project’s concept value. Miro will feature Class A office space with a BREEAM Excellent rating, a WELL certification and various facilities designed for employees’ well-being.

“The activities of Speedwell are growing at a fast pace in Romania. To receive the trust and confidence in our Miro project from a multinational like KPMG for their new headquarters confirms our strategy. The new workplace is an investment in the well-being of the daily user. Miro creates a flexible and healthy environment and combines work, leisure, facilities, and green spaces all monitored by the newest technology on the market.  Miro is located in the greenest and most attractive area to live and work in Bucharest. We will start constructing our residential development The Ivy at a walking distance from Miro, thus combining living, work and leisure close to the most successful shopping centre in Romania. We keep looking forward and believe now - more than ever - that continuing the development of real estate in Romania will be successful for our growth.” says Jan Demeyere, Co-Founder and Partner at Speedwell.

“Signing such an important lease in this rather difficult period is an honour for us, and we are confident that the relationship will be mutually beneficial for the long-term. The office market is going through an adaptation period, which we are very much looking forward to and are part of. The first six months of 2020 saw 66 office transactions in over 100,000 square meters, a slowdown due to the lockdown. However, we expect this to speed up from the beginning of 2021”, says Horatiu Florescu, Chairman & CEO, Knight Frank Romania & Hungary.