CA Immo leases 1,300 sqm in Bucharest office building Orhideea Towers
Bucharest, 15th of October 2020 –After a thorough market analysis, MassMutual chose Bucharest landmark building Orhideea Towers for their Global Business Service Center, signing a lease agreement for 1,300 sqm on the top floor. Including the MassMutual lease, the office building, which has been developed by CA Immo and was completed in 2018, has an occupancy rate of 91%.
MassMutual is a leading mutual life insurance company with headquarters in the US. Starting with 2020, the company will be performing in Romania the software developing and technology related activities of the group. With this move, they will gain access to a great talent pool in an upcoming world-class technology hub. The insurer plans to recruit at least 100 people this year, especially tech-savvy professionals.
MassMutual offices will be hosted on the 15th floor in Orhideea Towers, the top floor offering a great panoramic view and excellent visibility. Also, the building has a great location in the new Centre-West business hub, across the street from Grozavesti metro station and close to the Polytechnic University Campus.
Orhideea Towers has been developed in line with CA Immo’s high quality standards as regards design, technical specifications and sustainability criteria and was awarded a LEED platinum sustainability certificate. In this respect, CA Immo can point to a significant track record and a wealth of experience as a developer of high-quality office properties. The 36,300 sqm structure incorporates 406 parking spaces and bicycle storage along with showers and changing rooms for cyclists.