OBI Romania and Agricover move to Cubic Center

OBI Romania and Agricover have signed new lease contracts in Cubic Center, a building owned by Dinu Patriciu Global Services (DPGS). OBI Romania and Agricover Group are joining the other seven tenants (Mercadia Group and Dream Team Catering) in Cubic Center, and raise the building’s occupancy to over 10,000 sqm. The leased spaces are the 5^th and respectively 6^th floor.

OBI Romania, one of the leading DIY European brands with over 500 stores in CEE, has signed a six–year term lease agreement for a 1,200 sqm space, commencing early next year.

Agricover Group, a dedicated agribusiness solutions company, has signed a five–year term lease agreement and will occupy their “turn key” office space of 1,400 sqm by the end of this year.

Cubic Center has a total office lettable area of 25,300 sqm arranged over 12 floors and is served by 507 underground parking spaces and 50 parking spaces above ground..

The OBI transaction was intermediated with the assistance of The Advisers/Knight Frank.

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With offices in Luxembourg, London, Frankfurt, Bucharest and Amsterdam, DPGS is responsible for real estate strategy, financing, planning, management and development of the DPGP property portfolio. The Romanian office portfolio offers a range of buildings strategically located and responding to all business needs – from companies with a large number of employees to small companies that need strong visibility downtown Bucharest.