CA Immo agrees long-term lease of over 14000 sqm office space

The anchor tenants in the Bucharest office building Riverplace are remaining faithful to their location: extensions have been agreed to for almost 13,000 sqm of the building´s total office space of 47,600 sqm. The mainly international companies Telemobil SA (5,055 sqm, Computer Generated Solutions Inc. (5,688 sqm and Viveo Romania (746 sqm extended plus 1,400 sqm newly leased have extended their leases, with durations of between 4 and 10 years. Leases were also extended in the Opera Center 2 office building: the law firm Stoica si Asociatii is leasing its current 920 sqm space for a further 10 years, and Cushman Wakefield is leasing 320 sqm for a further 5 years.

Bruno Ettenauer, CEO of CA Immo: "Our Romanian asset portfolio has traditionally been leased very well and consistently, and we currently have a leasing rate of more than 99 %. These stable leasing revenues speak for the quality of our properties and also for the profes-sional on-site tenant care by our local team.

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