UniCredit Romania has prolonged its lease agreement for the UniCredit (BIT:UCG) HQ building, located on Expoziției Boulevard in the northern part of Bucharest, with real estate company Globalworth. The extension, announced on Tuesday, signifies a continuation of nearly a decade-long collaboration between the two entities.
The UniCredit HQ, a Class A single-tenanted office building, has been occupied by the bank since its inauguration in 2012. The building, which was acquired by Globalworth in 2014 for €43 million ($50.8 million), is recognized as a landmark in the city. It boasts 16 above-ground floors and a state-of-the-art conference room with over 100 seats. The edifice was awarded a BREEAM Excellent accreditation, highlighting its commitment to sustainable and innovative design.
Ema Iftimie, Head of Leasing at Globalworth Romania, expressed pride in providing premises that align with UniCredit's dedication to delivering high-end banking services. "The UniCredit HQ isn't just a building, it's a real emblem of enduring trust, innovation, and community growth," she said on Tuesday.
Globalworth's portfolio in Romania and Poland has an estimated combined value of €3.1 billion ($3.66 billion). In Romania, the company holds the position of the largest office player and is steadily growing its portfolio of industrial projects. This extended lease agreement with UniCredit Romania further solidifies its standing in the local real estate market.
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