Floreasca Park attracts a new major tenant: Leroy Merlin leased approximately 4,000 sq. m in the building, one of the largest office transactions of this year

Bucharest, May 2025: The Floreasca Park building in the Floreasca – Barbu Vacarescu office submarket, one of the largest business hubs in Bucharest, attracts a new major tenant, Leroy Merlin, an internationally reputed DIY retailer which leased approximately 4,000 sq. m of office space. The transaction was brokered by the Cushman & Wakefield Echinox real estate consultancy company.

Floreasca Park has a leasable area of 39,350 sq. m and tenants such as Goodyear, Kellanova, the Investment and Development Bank, Metro Digital, or Ursus Breweries and has been managed by Cushman & Wakefield Echinox since 2021.

The building, owned by Resolution Property and Zeus Capital Management, integrates efficient design and low energy consumption, the two Grade A buildings being connected by an underground parking with 500 spaces, while also having a BREEAM “Excellent” certification.

The property benefits from numerous public transportation connections and tenant facilities, with Promenada Mall and King Michael I (Herastrau) and Floreasca parks located nearby.

The project is in the Floreasca – Barbu Vacarescu area, the second largest office hub in Bucharest, with a total stock of almost 600,000 sq. m, where several of the largest companies present in Romania have established their headquarters in modern buildings.

David Stănescu, Senior Consultant Office Agency Cushman & Wakefield Echinox: “Our collaboration with the Floreasca Park representatives has been remarkable, based on a common understanding of the importance of quality and sustainability in real estate. The building, offering the best technical specifications and BREEAM “Excellent” certification, continues to attract reputed tenants, confirming its position as an office market landmark. Bucharest truly has extraordinary potential, with modern and well-connected business hubs which meet the varied requirements of companies seeking efficiency, and Floreasca – Barbu Văcărescu is one of the main destinations, having a significant share in the total Bucharest office take-up in Q1.”

Mathieu Bauduin, CEO Leroy Merlin România: “The relocation to a larger headquarters marks a natural milestone in the ongoing evolution of our company. It stands as a testament to the sustained growth of our business, the continuous expansion of our teams, and our unwavering commitment to bold, long-term development plans. This new space not only enhances our working environment, but also fosters a culture of innovation, collaboration, and performance.”

Andrei Ghețu, Zeus Capital Management: “It is our pleasure to welcome a company with the reputation and history of Leroy Merlin to Floreasca Park. Their decision to choose our building further solidifies the recognition of the high level of quality and services that we offer to our tenants. We would like to thank the Cushman & Wakefield Echinox team for facilitating this process.”