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ADP Romania prelonges its lease contract for another 5 years in Gara Herăstrău, a building part of the Globalworth portfolio. The total surface operated by the company is 8,300 square meters.
A comprehensive global provider of cloud-based human capital management (HCM) solutions, ADP unites HR, payroll, talent, time, tax and benefits administration, and a leader in business outsourcing services, analytics and compliance expertise. Its unmatched experience, deep insights and cutting-edge technology have transformed human resources from a back-office administrative function to a strategic business advantage.
“ADP Romania aims to create a better world of work through its innovative technologies and people-oriented policies. The partnership we have with Globalworth is in line with our objective of giving high standard work conditions to our Associates, which was also certified by obtaining the Top Employer 2023 in Romania recognition”, said Sonia Khachlouf, VP GM ADP Romania.
“We are glad and proud to have ADP in our business community since 2016. We would like to thank them for our long-term partnership and we look forward to supporting their growth in Romania for the next years ”, said Ema Iftimie, Head of Leasing & Customer Care, Globalworth Romania.
“The office segment in Romania is marked by resilient occupier demand, and the professional services sector remains one of the most active industries in the leasing market when it comes to newcomers and companies already present in the market. The main criteria of the tenants in choosing office spaces are the easy access to the public transport network, the facilities for their employees both in the building and in the surrounding area, the very good technical specifications and an efficient design of the spaces. Gara Herastrau, developed by Globalworth, meets all these criteria, a fact proven by ADP’s decision to remain in the building for another 5 years”, added Eduard Turcoman, Director Office Agency Cushman & Wakefield Echinox.
Gara Herăstrău is a modern office building located in the northern part of Bucharest on Gara Herăstrău street, in the Globalworth District, the most dynamic business area in Bucharest. The office building extends over 12 floors above ground and three underground levels. It was delivered in 2016 and received BREEAM Excellent certification in the same year, offering its tenants a high quality, environmentally-friendly workspace. Located across the street from Promenada Mall, the office building is excellently served by public transportation: subway, tram and buses.
ABOUT GLOBALWORTH
Globalworth is a listed real estate company active in Central and Eastern Europe, quoted on the AIM-segment of the London Stock Exchange. It has become the pre-eminent office investor in the CEE real estate market through its market-leading positions both in Poland and Romania. Globalworth acquires, develops, and directly manages high-quality office and industrial real estate assets in prime locations, generating rental income from high quality tenants from around the globe. Managed by over 200 professionals across Cyprus, Guernsey, Poland and Romania, a combined value of its portfolio is €3.2 billion, as at 30 June 2022. Approximately 96.3% of the portfolio is in income-producing assets, predominately in the office sector, and leased to a diversified array of over 660 national and multinational corporates. In Poland Globalworth is present in Warsaw, Wroclaw, Lodz, Krakow, Gdansk and Katowice, while in Romania its assets span over Bucharest, Timișoara, Târgu Mureș, Constanta, Pitești, Arad and Oradea.
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