This is a big move, as Bitdefender will take up almost 10,000 square meters in the building. The almost 10,000 square meters Bitdefender leased for at least five years account for about quarter of the 37,000 square meters gross lettable area of the building.

“Bitdefender looked into several projects before signing with CA Immo, i.e. those due for delivery in 2018 in Barbu Vacarescu, central-west, Unirii and Timpuri Noi areas,” the IT company officials said.

Bitdefender, held by Romanian entrepreneurs Florin and Mariuca Talpes, will pay the market rate in terms of rent, its official added, without saying how high the rent was.

Average rent in the Grozavesti area is EUR15/month. The 9,267 square meters Bitdefender leased should come with an almost EUR140,000 rent per month, according to ZF’s calculations.

The new location makes it easier for employees to reach their workplace by car or by public transportation, Bitdefender officials said.

(English version by Loredana Fratila-Cristescu)