America House renews contracts for over 30 percent of office surface, signs new retail and leisure tenants

AEW has recently renewed lease agreements for over 30 percent of the office surface for America House Office Building, for periods up to eight years. S&T, the provider of IT services in CEE, has renewed the agreement for 3,000 sqm for another eight years. Tuca Zbarcea si Asociatii law firm, occupying 2,200 sqm, has extended its contract for another five years. Other companies such as Ericsson, Mastercard, Cisco have also renewed their leasing agreements for periods from three to five years.

On the retail and leisure segment, America House is now accommodating two new restaurants: Fitto Café, which has signed a 120 sqm area for a five years interval, and Be Nat, part of the Oliviers &Co Group, operating on the former premises of French Bakery, on the ground floor and first floor. Both restaurants belong to the bio food concept. Oliviers &Co has chosen America House to open their second shop in Bucharest, starting this fall. With the recent openings and some more to follow shortly, America House optimizes the retail mix, offering a wide range of products and services from prestigious local and international brands such as Starbucks, Top Clean, Credit Europe Bank, BCR, HelpNet, Samsonite etc.

“Headline rent for office premises in America House is following the market trend in CBD and reaches in average EUR 19/sqm. We are very happy and proud about all renewals and new leases signed within the last six months which amount to 8,000 sqm. This is a confirmation that America House is a true landmark building and an attractive destination for large international companies.” commented Emmanuel Gluntz, Asset Management Central Europe – Director, AEW Europe

DTZ Echinox acts as exclusive leasing agent for the available office spaces in America House. The building currently has two available floors of 1,700 sq m each, however, the landlord is in advanced negotiations for the lease of one of them.