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December 8, 2022

Globalworth has leased over 25,000 square meters during the pandemic

  • Over 25,000 square meters have been leased in the last 3 months in the Globalworth portfolio, the leader of the office building market in Romania and Poland
  • Among the companies that have decided to prolong and / or extend the lease contracts are Adecco, Cegedim, Clinicile și Laboratoarele Sfânta Maria, Mazars and the bank in the Globalworth portfolio with the largest number of square meters
  • In the context of social distancing, the demand for space has increased and the number of square meters of office space went up from 10 to 20 m² per employee.

The Globalworth’s portfolio in Romania has been consolidated by the prolongation and/or the extending of the lease contracts for a period of 3 – 11 years with key partners such as Adecco, Cegedim, Clinicile și Laboratoarele Sfânta Maria, Mazars, and one of the most important banks in the system that has rented the Globalworth building on the Exhibition Boulevard.

In the context of social distancing, the need to increase the existing areas in the office buildings is becoming more and more obvious. Therefore, a total of over 25,000 square meters have been rented in Globalworth Plaza, Globalworth Campus and in the building on the Exhibition Boulevard. Since the National State of Emergency is over in Romania, the companies consider reconfiguring the office spaces, so that the employees keep being safe when returning to work. For the last few years, the trend in the office sector has been the open space. Now, we focus on safety and social distance between colleagues. The new workplace planning led to an increase demand for space – the number of square meters of office space went up from 10 to 20 m² per employee. This allows changing the layouts, rethinking open-space areas, expanding kitchens, common areas or meeting room and ensuring more distance between workstations.

“The transactions of the last 3 months confirm the strong partnership that Globalworth has with its tenants. Not only the lease contracts have been prolonged, but we have also received numerous requests to increase the office space, so that the workplace is as safe as possible. We are grateful for the trust of our business partners and we are confident that together we will get back to the normalcy we all miss. The experience of living through a pandemic will have a long-lasting impact on the way we live and work, and this is why the leasing team in Romania came up with tailored solutions to accommodate the current tenant’s needs, to help them respect the distance inside their spaces”, said Ema Iftimie, Head of Leasing at Globalworth Romania.

“Mazars is happy to extend its office space and the long-term partnership with Globalworth. The extension is required to facilitate our growth into the new normality”, mentioned Edwin Warmerdam, Partner, Head of Tax Advisory at Mazars Romania.

In the first month after the lockdown, 25% of the Globalworth tenants returned at the office and a gradual increase of up to 100% is foreseen until September 2020. In addition to solutions related to increasing demand of space, Globalworth has implemented a series of safety and hygiene measures for all the 14 buildings in the Romanian portfolio.

These measures are constantly being adjusted and concern a series of actions such as rethinking the traffic circuits inside buildings and common areas, taking measures to ensure the increased efficiency of the HVAC system, installing antiseptic carpets, applying floor stickers to indicate the safe distance, informing employees and visitors about the rules (keeping distance, washing and sanitizing, wearing masks), installing disinfectant dispensers, re-enforcing the cleaning and sanitation program, etc.

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