Société Générale has doubled the space occupied in West Gate, reaching a total 5,000 square meters, while UniCredit Business Integrated Solutions (UBIS) has extended the space occupied in Novo Park, reaching nearly 12,500 sqm, Genesis Development, which developed the two business parks, said in a statement.
The average occupancy rate of the two business parks, which total 150,000 sqm of class A office space, reached nearly 97%.
West Gate comprises five office buildings with a rentable area of 75,000 square meters. Its tenants include Dacia Renault, Siemens, Ericsson, WNS, Société Générale, PPD (Pharmaceutical Product Development) Romania, Panasonic, Citibank, Alpha Bank, Carestream Health, Medicover and Accenture.
Novo Park comprises seven office buildings with a rentable area of over 75,000 square meters. Its tenants include Hewlett-Packard (HP), Procter & Gamble (P&G), Mondelez Romania (formerly known as Kraft Foods), Garanti Romania group, Ringier, Sodexo, Infineon Technologies, Yokagawa, Luxoft and UniCredit Business Integrated Solutions (UBIS).
West Gate and Novo Park, located in western and northern Bucharest, have obtained the BREEAM Very Good certification in 2013 and became the first green office parks in Romania.