Thales Romania leased 5,300 sqm in Orhideea Towers office complex of CA Immo

Thales Romania, the local subsidiary of the French designer, electrical systems builder and provider of services for the aerospace, defence, transportation and security sectors, has leased 5,300 sqm in the Orhideea Towers office buildings developed by CA Immo in Bucharest.

Real estate consultant JLL represented Thales during the processes of searching for the most convenient options and negotiating the terms of the lease.

“The company has chosen to stay with the same landlord, meaning that after almost 10 years spent in Riverplace, Orhideea has been selected for its work conditions and its environment that perfectly suits current employees’ needs. Orhideea Towers, one of the newest office schemes in Bucharest, offers an excellent location and addresses the latest trends and needs of the new generation of workers,” comments Maria Florea, head of Office Agency JLL Romania.

The West Center area of Bucharest, where Thales will move their offices, attracted nearly one-third of the office space demand registered in the first nine months of this year, being one of the most popular destinations for companies.

”Thales’s relocation at Orhideea Towers confirms two of the most important trends in the Romanian office market. First, employers are increasingly concerned about the needs of new generations of employees and are looking to ensure the best working conditions for them. Second, the office buildings in the Center-West part of Bucharest continue to draw the most important tenants as they are offering favourable terms of lease and a better transport infrastructure,” said Viorel Opait, business development director at JLL Romania.

The company’s Romania headquarters will be moved to Orhideea Towers in December 2018 from Riverplace (Riverview House). The company employs over 300 specialists in the country and the target is to double this number in the next five years.

Orhideea Towers is located in the emerging central-western business district of Bucharest, dedicated to dynamic companies and their people. The project has a total gross leasable area of 37,000 square meters. The two H-shaped towers are linked together by a bridge hidden behind a glass façade.