Endava would therefore become the anchor tenant of the Greek-held building. Dimitri Mourkalos, managing partner, business development and operations with Day Group, would not comment on the information.

The new space will be used as an extension of the offices Endava is already renting in AFI Park (6,000 square meters). The IT company had about 1,800 employees in Bucharest and Cluj-Napoca at the end of last year.

More than one quarter of the office buildings in Bucharest accommodate employees of the IT&C sector, which has been the growth driver of the city’s economy in the past five years.

IT&C employees are using almost 540,000 square meters out of about 2.1 million square meters in Bucharest, according to Colliers data, which goes to show how important this industry has become.

(English version by Loredana Fratila-Cristescu)