H&M Romania has leased 1,000 square meters in Unirii View, a 73-meter tall office building in downtown Bucharest.
The fashion retailer will take up a superior floor within Unirii View, in accordance with its corporate image requirements and with an astonishing view over Bucharest’s old city centre.
”The most popular fashion brand in Romania will establish its future headquarters in Unirii View, which validates once again the project as a top notch property for blue chip companies. The choice made by H&M Romania represents a long term decision and it’s a great one, both for the company, which will have a highly visible and efficient headquarter, and also for its employees, which will work in the best area in Bucharest in terms of transport and general infrastructure”, said Andreea Paun, managing partner of real estate consultant Griffes, in charge with leasing strategy and commercial management of Unirii View.
The company was assisted in the lease transaction by real estate consultant Cushman & Wakefield Echinox.
”Following a lengthy 18-month analysis and negotiation process, Unirii View proved to be the best option, which is why H & M chose to establish its long-term headquarters in the office building”, said Monica Vasile, director, Office Agency, Cushman & Wakefield Echinox.
EUR 33 million investment
Unirii View is being developed by Yves Weerts on Corneliu Coposu Boulevard and will be delivered in the summer of 2018 after a EUR 33 million investment.
It will be the tallest modern office building in downtown Bucharest, with 19 floors (73 meters) and a leasable area of approximately 17,500 square meters.
Several companies have already chosen Unirii View for their future headquarters, among whom are NTT Data Romania, Pernod Ricard Romania and Red Bull Romania.
Weerts is a Belgian national and real estate professional, with several other real estate investments undertook in Romania, among the development and successful sale of Deva Logistics Park to CTP investment fund.