The American fast moving consumer goods company also extended its lease for another five years .
Procter&Gamble, tenant of the office compound since 2004, now occupies 6.5% of the business park’s total surface of 92,878 sqm. Before expanding, P&G occupied around 4,500 sqm of office space.
Immofinanz owns nine office space developments in Bucharest with a total lettable surface of 206,418 sqm, worth around EUR348.8 million, and had an occupancy rate of 80.2% at the end of October 2013.