August 21, 2017

Bitdfender lets 9,267 sqm in Orhideea Towers in Bucharest

Bitdfender lets 9,267 sqm in Orhideea Towers in Bucharest

Bitdefender, a global security technology company, is renting 9,267 sqm of office space in Orhideea Towers in Bucharest for a minimum term of five years. Developed by CA IMMO and comprising 37,000 sqm of gross rentable floor space, this Class A, certificated LEED Gold office development will be housing the Bitdefender Headquarters as of the first half of 2018, when the project will be carried to completion. The total investment is EUR 75 million.

According to Frank Nickel, Chief Executive Officer of CA IMMO, “We´re happy to welcome Bitdefender as a new tenant in our portfolio. The development of Orhideea Towers is enabling us to complement our top-tier tenant base and, at the same time, meet the expansion plans of Romania’s fastest-growing companies such as Bitdefender, many of whom are long-standing partners. With this project, we are consolidating our local market position while adding another class A structure to our almost fully let asset portfolio in Bucharest.”

As of May 2018, Romanian security software company Bitdefender will relocate its global teams from its previous location at DV24Offices to 9th, 10th, 11th and 12th floors in Orhideea Towers. All-in-all more than 900 Bitdefender employees will work in the new global headquarter.

“Surrounded by technical universities, student campus and within walking distance from city center, the new building will provide us with plenty of advantages, the most important being the close contact with millennial talents of Politehnica University of Bucharest,” explained Bogdan Irina, Bitdefender Chief Operating Officer. “People are our number one asset, as everything related to cyber-security revolves around intelligence, restlessness and creativity,” added Irina.

The rental agreement will run for at least five years with an extension option, the contract being brokered by Cushman Wakefield Echinox. Bitdefender is the second anchor tenant that relocates its global operations into Orhideea Towers, joining the international financial software company Misys.

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