November 8 (SeeNews) - Thales Romania has leased 5,300 sq m in Orhideea Towers office complex developed by CA Immo in Bucharest, property and investment management services provider Jones Lang Lasalle Romania (JLL Romania) said on Thursday.
The West Center area of Bucharest, where Thales will move their office, attracted nearly one-third of the office space demand registered in the first nine months of this year, being one of the most popular destinations for companies, JLL said in a press release.
"Thales’s relocation at Orhideea Towers confirms two most important trends in the Romanian office market," JLL Romania business development director Viorel Opait said.
"First, employers are increasingly concerned about the needs of new generations of employees and are looking to assure them the best working conditions. Second, the office buildings in the Center-West part of Bucharest continue to draw the most important tenants as they are offering favourable terms of lease and a better transport infrastructure."
Thales' headquarters will be moved in Orhideea Towers in December. The company employs over 300 specialists in the country and the target is to double the number in the next five years.
"Thales Romania is not just growing fast, but is also gaining a central role within the Thales group. We need a working space that stimulates creativity and networking," Thales Romania CEO Silviu Agapi said.
Thales has been active in Romania for 40 years and has developed its industrial operations in the country since 2007. Initially the company was a supplier to the Romanian armed forces. Over the last 10 years or so, the group has also become a major player in the Romanian rail transport industry and now operates a mainline rail Competence Centre employing 200 software engineers.
JLL is a professional services firm that specializes in real estate and investment management.