Evo Properties has leased over 50% of London and Oslo buildings in Bucharest
EVO Properties is rapidly advancing in the development of the new multi-functional hub, with the first lease agreements already signed and advanced negotiations for the remaining available spaces in London and Oslo buildings. By the end of 2025, over 31,000 sqm will be reallocated according to the new functionalities, of which approximately 50%-60% of the leasable area will be dedicated to modern offices, 20-25% will host hospitality services, 10-15% will be allocated to medical and well-being services, with the remaining area already occupied by the Lumina Cultural Center.
The A+ class office buildings, London and Oslo, which are among the few in Bucharest with BREEAM Outstanding certification (score 90.3% awarded in 2023), are actively undergoing a conversion process regarding the functionality of the spaces.
Among the first partners of Evo Properties, after taking over the two buildings, is IT HIT, which has been operational in the leased space of the London building since May this year. Endress+Hauser Romania has leased a new headquarters in the Oslo building, which will be operational by the end of this year. The diversity of services offered in London and Oslo buildings will be strengthened with the opening of Digest Med clinic and Dr. FIT gym.
The General Directorate for European Transport Programs, part of the Ministry of Transport and Infrastructure, began operating from their headquarter located in London Building in September 2023. Stryker, a pioneer in medical innovation, has expanded its operations in Romania with the opening of a new office in the Oslo Building in early 2024.
The Lumina Cultural Center is located on the ground floor of the Oslo building.
Starting from December 2024, employees and visitors will have the opportunity to enjoy a specialty coffee shop operated by the Boutique du Pain/14th Lane Group, which will serve London and Oslo buildings.
"These leading companies have recognized the exceptional quality and inspiring nature of our London and Oslo buildings. Their decision to relocate their operations to these state-of-the-art spaces is a testament to our commitment to providing top- tier facilities that foster creativity and productivity. We are excited to transform these iconic buildings into a vibrant and dynamic ecosystem where people can work, relax, and connect. By integrating the latest technologies and innovative energy solutions, such as operating both buildings without natural gas, using the latest Daikin equipment, we aim to create a workspace and living space that meets current needs while anticipating future trends. We want the new multi-functional hub to provide a unique experience for both employees and visitors," says Anamaria Crețu, Leasing Director of EVO Properties.
Over 50% of the total leasable area in London and Oslo buildings is already contracted or in very advanced negotiation stages, exceeding 16,000 sqm of the total 31,524 square meters, of which over 10,000 square meters were confirmed only during 2024. By the end of 2025, contracts for an additional 30-35% of the leasable area are estimated.
EVO Properties will invest over EUR 10 million to modernize London and Oslo buildings. The first phase of this transformation, scheduled for completion by mid-2025, will create flexible and innovative workspaces that drive productivity and collaboration.