One Technology District will serve Infineon’s needs for a 15-year period starting with 2026. The total contract value amounts to €57 million (excluding VAT) and represents one of the largest pre-lease agreements ever recorded in the local office market.
The agreement involves the construction and leasing of office spaces with a gross lettable area of 20,595 square meters (with terraces), including 3,000 square meters of laboratories and 280 parking spaces.
”The collaboration with Infineon Technologies, the largest semiconductor manufacturer in Germany and one of the most important companies in the field worldwide, is a significant achievement both for our company and the local market. It is a confirmation of Bucharest’s status as a highly attractive market for international companies that understand the value of sustainable construction, a performing market in this office segment as well”, stated Mihai Paduroiu, CEO Office Division One United Properties.
This is One United Properties’ first office project without a gas connection: the development will include a geoexchange system that will fully cover the tenant’s heating and cooling needs and minimize environmental impact while maximizing efficiency.
„ We are moving forward with this project with the building permit and taking the first steps in the development of our first office building based exclusively on the geoexchange system, completely eliminating any gas connection and dependency. All these cutting-edge systems offer extraordinary energy efficiency, positioning the building at the forefront of sustainable office developments in Europe”, added Mihai Păduroiu, CEO Office Division One United Properties.
This is the first development of this type after the pandemic and the first one for which an agreement has been signed from the beginning for a 15-year period.
Moreover, in the modern history of Bucharest offices this is the third time a developer builds to lease an entire building specifically to a certain company.
In Romania, Infineon owns a R&D center. Globally, the company has over 56 R&D centers and 20 production units, with more than 50,280 employees.
(English version by Catalina Apostoiu)