CORFAC News

Bucharest, Romania (December 16, 2013) - The IT&C company Cloud Research Studio SRL has leased an entire office building, with an area of 1,300 sqm, in the central-north part of Bucharest, the transaction being concluded through ESOP Consulting/CORFAC International.

During the first nine months of 2013, most of the customers that leased office areas belonged to the IT&C sector. Thus, at the national level, 58 IT&C companies signed lease contracts during the first three quarters, with a total area of 55,354 sqm.  As far as the locations are concerned, the IT&C companies preferred Bucharest (88%), followed by cities like Iaşi, Timişoara, Cluj Napoca and Sibiu.

“The IT&C field remains the most dynamic sector of the economy because, besides the Romanian and multinational companies which are present on the developing market, new companies choose Romania as their country of destination, to invest in IT&C. The strengths in attracting IT&C investments are the human resources, the fact that we have young people talented in computer programming, with special professional skills, and the fact that our country occupies the second place in the world, as far as the Internet navigation speed is concerned. These companies’ expansion generates the need for new offices, approximately 30% of the transactions concluded in 2013 being generated by the demand coming from this kind of companies”, stated Alexandru Petrescu, Managing Partner at ESOP Consulting/CORFAC International.

The office building which is going to host Cloud Research Studio is located in the vicinity of Ştefan cel Mare underground station, behind the boulevard with the same name, in a quiet area, and is made up of basement, ground floor and four floors.

In terms of facilities, the building, a former back office headquarters of an important bank, has the most modern IT&C infrastructure, which was also one of the determinant reasons for leasing this office area in record time.

About Cloud Research Studio
CRS develops projects in the online, cloud, big data fields, having experience in the latest technologies from this area. At its new headquarters, CRS will launch, in 2014, the most business-friendly B2B portal, integrating specialized electronic services, dedicated to Romanian companies. The business model is innovating, bringing the possibility of establishing partnerships with companies and persons willing to develop new applications, in cloud, the main objective being the business processes optimization, cost reduction and increasing business opportunities.

About ESOP Consulting/CORFAC International
ESOP is one of the leading  real estate consultants, working for 12 years in the real estate  market in Romania, Bucharest.  Starting in 2013, ESOP has operated in association with CORFAC International - Corporate Facility Advisors – an alliance of entrepreneurship real estate companies committed to deliver high quality services at a local, national and international level. As a Principal Member of FIABCI (The International Real Estate Federation) – and through the affiliated independent companies operating on key-markets around the world, CORFAC International provides real estate services covering 61 locations from North America and over 65 other countries worldwide. In numbers – more than 8,500 transactions every year, totalling 55 million sqm and evaluated at more than $5.2 billion.

ESOP Consulting/CORFAC International can provide solutions to any type of company, by accessing the largest database containing 760 business centres and 1,940 villas, i.e. more than two million sqm of office areas. In time, ESOP has assisted medium and big companies, whose transactions totalled over 250,000 sqm of office areas, some of the companies which relocated their offices through ESOP being: COSMOTE, ENEL, IPSOS Interactive Services, KONICA MINOLTA, MEGA IMAGE, SBS Broadcasting, LUGERA & MAKLER and others.