JLL advised HTEC Group in the lease of office space in Cluj Business Campus

HTEC Group, an U.S. based technology services, consulting and software company signs a lease for office space in Cluj Business Campus. JLL assisted HTEC in the selection of the office space and in the negotiation of the leasing conditions.

The HTEC Group is a technology consulting and development company headquartered in San Francisco, CA, with regional offices in Scandinavia, the Netherlands, the UK, and the Balkans (Serbia, Slovenia, Bulgaria, Bosnia and Herzegovina, and North Macedonia. It was founded in September 2008 in Serbia and currently employs over 1,600 engineers and product specialists in Southeast Europe.

“At HTEC creativity meets deep engineering enabling our partners to rapidly innovate and create disruptive digital products across industries. HTEC’s broad expertise in digital transformation and cutting-edge technology innovation has been much sought after by global organizations looking to leverage our capacities to support their innovation and scaling needs. Our presence in Romania is crucial in our expansion plans as we trust and believe that the market harbours excellent talents that can work on cutting-edge projects for some of the biggest names in the industry”, said Milan Cvetkovic, Head of Expansion at HTEC Group.

“We are excited about partnering with HTEC Group and the opportunity to provide office space and workplace experiences for a company of such prestige.

The CBC concept was designed for companies with a strong focus on employee well-being and community and we believe this partnership is a great match.  As the CBC community grows, joined by exceptional brands in the knowledge industry, we are inspired to keep at our mission of transforming the office into the healthy, connected, and fun experience it is supposed to be”, declared Vlad Buzoianu, CEO of Cluj Business Campus.

“The new entry of HTEC Group on the Romanian market was imminent as the company is widely expanding in the region. Cluj-Napoca was a natural starting point for their journey in Romania and Cluj Business Campus is an option that matched their specific real estate needs. The campus offers the amenities, facilities and the community experience much needed to an office occupier in the IT industry.

The office market in Cluj has not been as affected by the COVID pandemic compared to Bucharest where companies tried to sublease spaces they considered unnecessary or to surrender office spaces earlier then their lease term was due, as the pipeline of new projects is very limited and the vacancy still considerably low”, said Alexandru Orzea, Consultant Tenant Representation at JLL Romania.