SWAN Pipera, Bucharest's most exciting new office space development.

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SWAN Pipera — Office and Commercial Space

Bilfinger Berger, Tebodin, ING and Tecnoservice signed as new tenants in Q4 2012 • The occupancy level will reach 35% by the end of the year • SWAN remains the most active office project in the North of Bucharest, with cca 60% of the net take-up in Pipera-Voluntari area

Bucharest, December 19th, 2012 – SWAN Office & Technology Park, the revolutionary office project developed by Chayton Capital in Bucharest, Romania, ends 2012 with a significant increase in its occupancy rate - up to 35% - led by new lettings, as well as the expansion of existing tenants.

In the past quarter, 4 companies relocated their operations in SWAN Office & Technology Park, which increased the let area of the building with 2,000 m2. Among them, three technology companies – Austrian engineering and constructions company Bilfinger Berger (640 m2), the Dutch consulting and engineering company Tebodin B.V. (350 m2) and, more recently, Tecnoservice, EPC Contractor in Power Industry (750 m2) – opted for SWAN based on the building’s excellent technical specifications, in line with their core activity and corporate image.

Another major transaction represented the relocation of ING’s subsidiary in Pipera area to SWAN, based on the better visibility and daily traffic generated by the building. As the fourth retail operator hosted by SWAN, ING will increase the project’s attractiveness to tenants, while also bringing an upgrade to the area’s available facilities.

The deals involving SWAN accounted for almost 60% out of the total net take-up registered in Pipera-Voluntari area in 2012. Thus, SWAN Office & Technology Park ranks as the most active building in the north of Bucharest, ending 2012 not only with a significant increase in its occupancy rate, but also with several new deals on the pipeline for 2013.

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SWAN Pipera, Bucharest office space for rent.