You have 3 free articles left this month. Get your free Basic subscription now and gain instant access to more.

Huawei leases additional 1,000 sq m in Globalworth Bucharest office tower

Author Tudor Popescu
Huawei leases additional 1,000 sq m in Globalworth Bucharest office tower Photo: Globalworth Tower, Bucharest.

BUCHAREST (Romania), May 9 (SeeNews) - Chinese telecommunications equipment and services company Huawei has leased an additional 1,000 sq m office space in the Globalworth Tower in Bucharest, London-listed Globalworth Real Estate Investment said on Monday.

Starting July 2022, Huawei will carry out its activity in a total of 12,600 sq m in the Romanian capital, Globalworth Real Estate Investment said in a press release.

"For the past years, Huawei has seen a huge growth in our local office members, and Globalworth has witnessed it first-hand," Huawei Romania administrative management director Peter Piao said.

Bucharest’s Globalworth tower stands 120 m tall, with over 26 floors. Based on information available on the real estate developer’s website, the tower features over 55,000 sq m of leasable space. The tower currently hosts a multitude of international companies, such as Anritsu, Mega Image, Nestle, or Vodafone.

Globalworth announced in April a partnership with Romania's CATTED, an entrepreneurial group, to develop two small business units on the outskirts of Bucharest.

Prior to that, Globalworth had seen Caroli Foods, a Romanian producer of meat products, sign a lease for a 6,800 sq m warehouse in Globalworth's Pitesti Industrial Park.

Founded in 2001, Globalworth is a London Stock Exchange AIM listed international company, focusing on real estate development in central and eastern Europe. The company has a combined portfolio of 3.2 billion euro ($3.53 billion) as of December 31, and is present across Romania in Bucharest, Timisoara, Constanta, Pitesti, Arad, and Oradea.

Huawei is a company specialising in information and communication technology. It operates in over 170 countries, and has approximately 195,000 employees worldwide.

(1 euro = 4.94 Romanian lei)

Share this story
SeeNews in Brief

View our Newsletters