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Global City Business Park: Top preferences that companies have when choosing offices
The existence of natural light, the parking possibilities and the proximity to public transportation are some of the most important aspects taken into consideration by companies that are in search of an office space, according to a recent analysis by Global City Business Park, one of the major office projects in Pipera, owned by Global Finance investment fund, the press release sent by the company reads.
Therefore, according to representatives of Global City Business Park, companies are looking for an easily customizable office space, which can be tailored to their specific business needs, both in terms of location and facilities provided. Other important criteria for choosing an office space are the quality – price ratio and the maintenance costs.(...)
As for the office design, in the past years most companies, especially multinational ones, have chosen the open space offices, which ensure more efficiency in space planning and a better communication between departments. Moreover, also in multinational companies, the „hot desk” concept became more and more popular, as it is a very flexible system that doesn’t require a stable workspace for each employee, offering them the possibility to change their desk space depending on the type of activity they carry out.
As for the Global City Business Park project, it has been specifically designed to meet the main needs of the tenants, by offering class A office spaces that are highly efficient and accessible, the possibility to customize the space according to needs, advanced HVAC systems and an optimal quality-price ratio. Another advantage of this project is represented by the presence of a retail mix for employees, which includes a self service restaurant, a business lounge, a coffee shop, a beauty salon, a pharmacy, 2 ATMs and an Inmedio store.
Situated in the Northern area of Bucharest, Global City has a built surface of 56,000 sqm and a total class A rental space of 51,000 sqm spread over two buildings. Moreover, the project has an underground area of 28,000 sqm, where 844 parking spaces can be found, in addition to those existing outside. The project started in October 2007 and was fully completed in February 2010.
Global City Business Park currently has 28 tenants, and most of the leased area is occupied by companies such as Coca-Cola HBC Romania, Michelin Romania, Total Soft, Call Point, Euroins, Ford, Cycle, ICAP, Quintiles, Daewoo and Monsanto.
Global Finance, founded in Athens in 1991, is an independent investment firm that has pioneered private equity and venture capital in the region and has established an exceptional investment track record. Global Finance’s operations consist of private equity fund management, real estate development and advisory services covering South-Eastern Europe.In 2005 Global Finance entered the real estate market targeting property investments in Romania, Bulgaria and Serbia. Global Finance has offices in Athens, Sofia, Bucharest and Belgrade.
Global Finance is one of the European private equity industry’s most experienced firms, having completed more than 80 investments in 11 countries in diverse economic and political environments. The company established its presence in Romania in 1996, and has since made investments in various sectors such as pharmaceuticals, technology, telecoms, food retail, recycling, insurance and real estate.