Thursday, August 13, 2020
Home News Office Leasing €1 million refurbishment and new design concept for One North Gate

€1 million refurbishment and new design concept for One North Gate

One United Properties announced an investment of €1 million in a refurbishment process and new design concept for the lobby, common spaces and the courtyard for One North Gate, a business center located close to Promenada Mall in Bucharest.

“In addition to the new projects where the strategy is to develop communities in mixed concepts, we have a portfolio of 35,000 sqm, including One North Gate and One Victoriei Center, which we are targeting new investment to improve the products to today’s standards,” said Ionut Dumitrescu, co-founder One Office, the office division of One United Properties.

The refurbishment targets the certification of One North Gate in the BREEAM system, aiming for “BREEAM Excellent”. The new concept for the lobby, courtyard and common spaces focuses on developing social and relaxation areas through contemporary design.

One North Gate business park is located in one of the most dynamic office areas in Bucharest, just 2,2 km from Promenada Mall. With a GLA of 23,000 sqm in two buildings and 504 parking units, One North Gate offers functional and efficient workplaces in a high-interest area of Bucharest. The business center will be available from with Q3 this year.

Most Popular

M7 acquires Katowice office building for new CEE fund

M7 Real Estate has undertaken its first acquisition on behalf of M7 CEREF II, its value-add opportunities fund focused on offices and...

Metropol Group acquires five shopping centres in Poland

Greenberg Traurig advised Metropol Group on the acquisition of a shopping centre portfolio, consisting of five regional convenience stores is located in...

Weerts Group to start new warehouse development near Budapest

The logistics sector of Hungary is booming with foreign investors continuing to be optimistic about the market outlook. The latest evidence of...

Panattoni sells two city logistics parks in Warsaw to LaSalle

Panattoni and Marvipol have sold two city logistics parks in Warsaw to LaSalle Investment Management. The facilities, totalling nearly 25,000 sqm, were...