HP signs 5-year lease extension for 7,000 sqm in YUNITY Park office project

Genesis Property, one of Romania’s leading office building owners, and HP Inc. Romania have signed a 5-year lease extension for 7,000 square meters of office space in YUNITY Park project in Bucharest.

“HP Inc. has chosen YUNITY Park for the next 5 years, reinforcing our partnership of over 20 years and our shared mission to provide an environment that is aligned with future trends in the labor market. Our continued dedication to office campus development focuses on people’s needs, both in their professional and personal lives, helping to create an ideal balance between productivity, collaboration, and well-being. YUNITY Park stands out as an innovative and sustainable community, and our spaces and services are recognized for their ability to attract, inspire, and retain talent, reflecting our ongoing commitment to excellence and innovation”, said Liviu Tudor, Genesis Property President.

“At HP Inc Romania we strive to provide our teams with a productive and balanced working environment, adapted to the latest trends. We are delighted to continue our strong collaboration with Genesis Property, sharing a vision that has redefined YUNITY Park over the past year as a refreshing element in the Romanian office space landscape”, said Mugur Pantaia, Managing Director, HP Inc. Romania.

In 2024, YUNITY Park is preparing to enter its final development stage. This progress comes after Genesis Property announced the completion of the project’s second phase at the end of last year, marking a significant 20-million-euro investment in exceptional spaces and facilities, as well as in the sustainability of the campus. Among the innovations implemented by the company are a rainwater retention pond to irrigate the park’s entire green space, smart and energy-efficient night lighting systems based on LED technology, and an impressive network of more than 1,000 photovoltaic panels installed on the roofs of campus buildings.

This transaction is part of a series of lease agreements for office spaces in the YUNITY Park and West Gate Business District campuses, part of Genesis Property’s portfolio. In the past 12 months, well-known companies such as Garanti BBVA, Siemens, and Ericsson have renewed their commitments, bringing Genesis Property’s total leased space to over 25,000 square meters.