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News from Members Crosspoint Real Estate Assists Luatel Call - center to Relocate its HQ in Cubic Center

Crosspoint Real Estate Assists Luatel Call - center to Relocate its HQ in Cubic Center

by Crosspoint Investment Banking & Real Estate August 13, 2014

The outsourcing company Luatel (with activities on the markets in Brazil, Germany and Romania) has recently rent 860 sq. m in Cubic Center from Pipera, a building included in Liberty Management’s portfolio, with the support of Crosspoint Real Estate.

The transaction represents the rental for five years period of an office space with possibility of expansion, in the second floor of Cubic Center.

Crosspoint Real Estate has also brokered the rental in Cubic Center of a space of approx. 1,000 sq. m for Promideea, one of the most important international players on promotional materials market.

Cubic Center has a rentable office space of 25,300 sq. m, disposed on 12 floors and served by 507 underground parking places and 50 outside parking places. The commercial space in the ground floor, with an area of 1,200 sq. m is used for corporate events and festive events on weekends.

“The office market had a very dynamic first half of year in 2014, considering that most of the contracts signed in the period 2007 - 2009, at higher rent levels, reached their maturity. A number of support businesses which now enter Romania, as well as the increase of the companies’ operations already present on the local market, show the growth of net request for the next half of year. A major share in the transactions of the first half of 2014 was represented by the pre-rents, situated on an ascendant trend”, states Laura Berezitchei, Associate – Office & Commercial, Crosspoint Real Estate.

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