The development has a total gross lettable area (GLA) of 46,000 square meters. At the time of publishing this report, 75% of the office and commercial spaces had been leased.
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. Phase II, with a GLA of 35,000 square meters is 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.
The company’s current portfolio includes 101,000 sqm of office space and it includes One Tower, One Cotroceni Park Phase I, One North Gate and One Herastrau Office.