JTI in talks with NEPI Rockcastle to Move its Headquarters to Promenada Mall expansion

Japan Tobacco International (JTI) is in preliminary talks with real estate developer NEPI Rockcastle to move its headquarters from its Pipera factory to the future office building being built in the Promenada mall expansion in Bucharest.

Market sources say the discussions are for an office space of around 4,500 square meters, making it a major rental transaction.

JTI has over 1,600 employees in Romania, of which over 600 work in the factory, almost 200 in the Global IT Hub, and the rest are in the headquarters and territorial sales offices.

“We currently have more demand than the office building’s capacity and we are in negotiations with several companies to occupy these spaces,” said  Marius Barbu, COO NEPI Rockcastle.

Source: Profit.ro