Romania Insider
Nasdaq-listed ON Semiconductor leases 3,200 sqm in western Bucharest

ON Semiconductor, a provider of integrated circuit and semiconductor solutions, listed on the US stock exchange (Nasdaq), signed for 3,200 sqm office space in the first building of The Light project (pictured), developed by River Development.

The Light One is the first of the three Class A office buildings planned in the mixed-use office and residential project.

The building has a leasable area of 21,653 sqm (GLA) and a height regime of 11 floors (2S plus P plus 11 levels).

"Moving ON Semiconductor to The Light One building is a complex but bold project, especially as it happens at a time when many companies prefer to postpone such decisions amid economic instability generated by the current epidemiological context," said George Didoiu, Tenant Services Office Advisory Director at Colliers International, which brokered the deal.

(Photo courtesy of the company)

[email protected]

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Romania Insider
Nasdaq-listed ON Semiconductor leases 3,200 sqm in western Bucharest

ON Semiconductor, a provider of integrated circuit and semiconductor solutions, listed on the US stock exchange (Nasdaq), signed for 3,200 sqm office space in the first building of The Light project (pictured), developed by River Development.

The Light One is the first of the three Class A office buildings planned in the mixed-use office and residential project.

The building has a leasable area of 21,653 sqm (GLA) and a height regime of 11 floors (2S plus P plus 11 levels).

"Moving ON Semiconductor to The Light One building is a complex but bold project, especially as it happens at a time when many companies prefer to postpone such decisions amid economic instability generated by the current epidemiological context," said George Didoiu, Tenant Services Office Advisory Director at Colliers International, which brokered the deal.

(Photo courtesy of the company)

[email protected]

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