ADP ROMANIA PROLONGES ITS LEASE CONTRACT FOR ANOTHER 5 YEARS IN GARA HERĂSTRĂU, A BUILDING PART OF THE GLOBALWORTH PORTFOLIO

ADP Romania prolonges 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 is 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 Herăstrău, 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 has 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.

Cushman & Wakefield Echinox is a leading real estate company on the local market and the exclusive affiliate of Cushman & Wakefield in Romania, owned and operated independently, with a team of over 80 professionals and collaborators offering a full range of services to investors, developers, owners and tenants.

Cushman & Wakefield, one of the global leaders in commercial real estate services, with 50,000 employees in over 60 countries and $ 9.4 billion in revenue, provides asset and investment management consulting services, capital markets, leasing, properties administration, tenant representation. For more information, visit www.cushmanwakefield.com