Real estate consultancy Cushman & Wakefield Echinox advised Infineon in the deal.
Infineon Technologies is a global leader in semiconductor solutions for power and IoT systems, with over 58,600 employees worldwide. The company entered Romania in 2005 with the opening of an R&D center in Bucharest and it also has a presence in Iasi, with more than 500 employees in the country.
This is the largest such transaction in a yet to be developed office building signed in Romania in the last five years. Moreover, the transaction sets a record in terms of total value considering both the area itself and the contractual period of 15 years.
(English version by Loredana Fratila-Cristescu)