One United Properties announces the conclusion of a lease contract with Ford for the development One Cotroceni Park Phase 1.
This summer, Ford will open in Bucharest an operations center called Ford Business Solutions Center (FBS). The FBS Center at One Cotroceni Park will join the Center opened last year in Budapest and will become part of the global FBS network, which serves many countries and business areas around the world.
"We are glad that a prestigious company with a long tradition such as Ford has chosen One Cotroceni Park development for the opening of the new operations center in Bucharest called Ford Business Solutions Center. It will benefit from the latest technologies and performance and safety certifications offered by One Cotroceni Park, which provides the teams with state-of-the-art workspaces, strategically positioned in the new business hub of the Romanian capital”,
said Mihai Păduroiu, CEO Office Division One United Properties.
The transaction by which Ford Romania rented its new office space in One Cotroceni Park benefited from advice from Alina Calciu, Head of Advisory & Transaction Services | Occupier within the real estate consulting company CBRE Romania, the local branch of the leader global real estate consulting market.
Strategically located in one of the most sought-after residential areas and the most dynamic business hub currently under development in Bucharest, One Cotroceni Park benefits from LEED Platinum v4 pre-certification, which attests sustainable operation and minimal impact on the environment and is in the process of obtaining WELL Health and Safety certification, which assesses health and wellbeing at work.
One Cotroceni Park is the largest urban regeneration project in Bucharest, with mixed functionalities, consisting of a residential area with over 850 apartments, as well as a commercial area and a business park with two office buildings to be delivered in two phases. The developer One United Properties has already announced the handover of One Cotroceni Park Phase I, an office and commercial building, with a gross leasable area (GLA) of 46,000 sqm. At this time, 77% of the office and commercial space has been rented. Phase II with a gross leasable area of 35,000 sqm, also under development, will be delivered in 2022.