The 1,330-square meter office space leased by Hikvision will support its expansion and operational needs.
The relocation transaction was intermediated by real estate consulting company CBRE Romania.
Considered one of the largest urban regeneration projects in Bucharest, One Cotroceni Park was developed on a 5.8-hectare site, formerly occupied by the Ventilatorul factory. This sustainable development has completely revitalized the entire area with a mixed concept that includes office, residential and commercial spaces. One Cotroceni Park contributes to the development of a new community in a central area of the city, supporting its growth and revitalization.
“We are dedicated to providing sustainable, cutting-edge office spaces that foster innovation and growth for our tenants, and we look forward to supporting HIKVISION’s operations and success in Romania,” said Mihai Paduroiu, CEO Office Division One United Properties.
“Hikvision’s relocation to One Cotroceni Park showcases our commitment to providing tailored real estate solutions that foster growth and innovation. This move will allow Hikvision to streamline their operations and enhance their client engagement through a purpose-built office space designed to meet their specific needs,” stated Alexandru Orzea, Senior Consultant at CBRE Romania.
Hikvision is a leading provider of artificial intelligence, machine learning, robotics and other emerging technologies, and is the world’s largest manufacturer of video surveillance products and solutions.