Romania's One United Properties [BSE:ONE] said on Monday that it leased 10,500 sq m to Global Business Solutions (GBS), a shared service centre of multinational cigarette company British American Tobacco (BAT).BAT GBS will move its offices from Romania to One Cotroceni Park, a mixed residential development in Bucharest owned by One United Properties, the real estate developer said in a press release.
"The new offices will be structured to facilitate hybrid experiences of connection and work, through new technologies and space design that supports interactivity" said Mario Calero Leyva, general manager for BAT GBS Romania.
BAT is a British multinational manufacturer and distributor of cigarettes, tobacco and other nicotine products. The company is present in more than 175 countries and employs some 52,000 people.
One United Properties is green investor and developer of residential, mixed-use and commercial real estate projects in Bucharest, established in 2007.
The company is listed on the main market of the Bucharest Stock Exchange and currently has a market capitalization of 3.13 billion lei ($675.5 million/636.5 million euro).
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