Banca Transilvania leases 10,000 sqm in Globalworth office building in Bucharest

Banca Transilvania, Romania’s largest bank by assets, signed a lease agreement with office investor Globalworth for a space of 10,000 sqm in the Green Court A building in the Floreasca-Barbu Văcărescu area in Bucharest.

According to Globalworth, the agreement highlights one of the largest office leases in Romania this year. The space covers the 6th-11th floors of the Green Court A building.

“We are delighted to welcome Banca Transilvania, the leader of the financial-banking sector in Romania, to the Green Court A building. This significant leasing contract marks another key moment for us and the Romanian office real estate market this year," said Ema Iftimie, Head of Leasing at Globalworth Romania.

Globalworth is a listed real estate company active in Central and Eastern Europe, quoted on the AIM-segment of the London Stock Exchange.

The company acquires, develops and directly manages high-quality office and industrial real estate assets in prime locations, with its portfolio having a combined value of EUR 3.2 billion. Approximately 96.4% of the portfolio is in income-producing assets, predominately in the office sector, and leased to a diversified array of over 690 national and multinational corporates.

In Poland, Globalworth is present in Warsaw, Wroclaw, Lodz, Krakow, Gdansk and Katowice, while in Romania, its assets span Bucharest, Timisoara, Constanta, Pitesti, Arad, Oradea and Targu Mures.

(Photo source: Globalworth)