Eaton Electric Romania, the local branch of Eaton Corporation, one of the world's leading manufacturers of low-voltage electrical equipment and automation solutions, renewed its lease contract and currently occupies 1,000 sq m in Baneasa Business & Technology Park, in a transaction brokered by The Advisers /Knight Frank.
Another internationally renowned company, Nokia Solutions & Networks Romania (NSN), has decided to remain in the office building located on Bucharest-Ploiesti Highway, where it occupies a space of cca. 400 sq m in the deal advised by The Advisers/Knight Frank consultants, who were in charge of the expansion and renegotiation of the contract.
Located in Baneasa sub-market, in the vicinity of Henri Coanda airport, Baneasa Business & Technology Park, with a total area of 27,000 sq m and an occupancy rate of cca. 97%, was developed by the real estate company BB&TP SA. Shortly after its delivery to the market, in 2008, the building has become one of the most sought-after locations for the headquarters of expanding multinational and local companies on the Romanian market.
The Advisers, the associate office of Knight Frank in Romania, offers integrated real estate consultancy services and valuations, at both a strategic and a commercial level. Founded in 2009, the company has been market leader on the office segment for the past 4 years. The company was awarded CIJ Best Real Estate Agency of the Year in 2009-2012, CIJ Office Agency of the Year in 2013 & 2014, and Office Agency of the Year 2012 at the EuropaProperty SEE Awards.
Founded in 1896 in London, Knight Frank LLP is the biggest privately owned global company which offers real estate consultancy, transactional services and project administration services. Headquartered in London and New York, the company is present in 48 countries through 300 local offices. (source: The Advisers/Knight Frank)
