The security technology company Bitdefender is renting 9,267 sqm of office space in Orhideea Towers in Bucharest for a minimum term of five years, bringing the pre-leasing rate of this project to approximately 65 percent. Developed by CA IMMO and comprising 37,000 sqm of gross rentable floor space, this premier class A will be housing the Bitdefender HQ as of the first half of 2018, when the project will be carried to completion. The office project requires an investment of EUR 75 million.
According to Frank Nickel, CEO of CA IMMO, “We´re happy to welcome Bitdefender as a new tenant in our portfolio. The development of Orhideea Towers is enabling us to complement our top-tier tenant base and, at the same time, meet the expansion plans of Romania’s fastest-growing companies such as Bitdefender, many of whom are long-standing partners. With this project, we are consolidating our local market position while adding another class A structure to our almost fully let asset portfolio in Bucharest.”
Starting May 2018, Bitdefender will relocate its global teams from its previous location at DV24Offices. All-in-all more than 900 Bitdefender employees will work in the new global headquarter.
The rental agreement will run for at least five years with an extension option, the contract being brokered by Cushman Wakefield Echinox. Bitdefender is the second anchor tenant that relocates its global operations into Orhideea Towers, joining the international financial software company Misys.