Brașov
Brașov took shape as an office market on the former Tractorul industrial platform, turned by Ceetrus into Coresi Business Campus, today the largest hub in the city, with 75,000 sqm of Class A space and over 30 multinational tenants.
Demand comes mainly from IT and telecommunications, and the city remains an emerging regional market: modern stock exceeds 150,000 sqm, with new deliveries scheduled at Coresi and at Brasov Business Park.
About the area
The area, at a glance
Brașov has a more compact office market, but it benefits from a strategic position in the centre of the country and access to a well-qualified workforce.
History
The platform on which the city's largest office hub stands today was, from 1948, the Tractorul Brașov plant, a former metallurgical enterprise turned into a tractor factory. The plant went into liquidation in 2007 and the platform went to auction, where Flavus Investments won against seven other bidders and began the conversion into a business campus, keeping the factory's exterior architecture. In 2012, Immochan (later renamed Ceetrus) took over the project and extended the regeneration across 120 ha of mixed use. Coresi Shopping Resort opened in 2015, with 45,000 sqm GLA and a €60 million investment, drawing, 750,000 visitors in its first two weeks. After completion of Phase 3, the office park reached 60,000 sqm and was renamed Coresi Business Campus, and Waters Romania, present in the city for 17 years, signed a second expansion of 3,500 sqm at Coresi Business Park.
Properties in the area
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