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PeliPartners Advises Adventum Group on Office Lease Renewal for Genpact in Hermes Business Campus

PeliPartners Advises Adventum Group on Office Lease Renewal for Genpact in Hermes Business Campus

Romania
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PeliPartners has advised the Adventum Group on the lease extension agreement with Genpact Romania for business premises in the Hermes Business Campus, in northern Bucharest.

Genpact Romania is currently the anchor tenant in HBC, leasing roughly 39% of the office complex with a total gross leasable area of approximately 74,500 square meters.

Genpact Romania is a business services-focused local subsidiary of Genpact. It employs over 3,500 people in Bucharest and Cluj-Napoca.

"This deal reflects a year-long collaborative effort and a noteworthy milestone for the industry," the firm announced, citing the deal as "the largest office lease renewal in the past decade in Romania."

"This deal is a sign of stability, confidence, and long-term commitment to the market. The office environment is an essential component of our everyday professional life and – despite hiccups in recent years– it is here to stay," Managing Partner Francisc Peli commented.

The PeliPartners team was led by Managing Associate Alexandra Ionita.

The firm did not respond to our inquiry on the matter.

Romanian Knowledge Partner

Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

Firm's website.

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