Ford Europe on Thursday confirmed it would open a services center in capital city Bucharest in the summer of 2022.

Alina Calciu, Head of Advisory & Transaction Services Occupier with real estate consulting firm CBRE Romania, advised on the deal whereby Ford Romania leased office space within the One Cotroceni Park Phase I.

Mid-January 2022, One United Properties announced in a stock market report the handover of One Cotroceni Park Office Phase I, a mixed-use real estate project developed on a 5.8-hectare land on the site of former Ventilatorul platform in Bucharest

One Cotroceni Park Phase I has a gross leasable area (GLA) of 46,000 square meters, of which 75% of office and retail spaces had already been leased, in line with data from company representatives.

One Cotroceni Park is the largest urban regeneration project in Bucharest, with mixed functions, consisting of a residential area with over 850 apartments, as well as two office buildings, which will be delivered in two phases. Phase I of the office component of One Cotroceni Park was finalized at end-2021. One United Properties started works on Phase II with a GLA of 35,000 square meters and due to be delivered in 2022.

“One Cotroceni Park development has LEED Platinum v4 pre-certification, which attests sustainable operation and minimal environmental impact, and is in the process of WELL Health and Safety certification, which assesses the health and wellbeing at work”, company representatives also said.

One United Properties’ current portfolio includes 101,000 sqm of office space within the following buildings: One Tower, One Cotroceni Park Phase I, One North Gate and One Herastrau Office.