ONE technology District is shaping up as the largest semiconductor R&D centre in the Southeast Europe, developed by ONE United Properties for the German giant Infineon Technologies, a Frankfurt Stock Exchange-listed company and a global leader in semiconductors.
With this development, ONE United Properties brings to the local office market the first turn-key development after the pandemic and the first to sign up for a 15-year term. ONE Technology District will serve Infineon's needs for a 15-year period starting with 2026. The total contract value amounts to €57 million (excluding VAT) and represents one of the largest pre-lease agreements ever recorded in the local office market.
This is ONE United Properties' first office project without a gas connection: the development will include a geoexchange system that will fully cover the tenant's heating and cooling needs and minimize environmental impact while maximizing efficiency. This innovative approach not only significantly limits the building's carbon footprint, but also allows for the elimination of conventional cooling systems, thus creating additional recreational space for Infineon employees. The building will also be equipped with rooftop solar panels and heat recovery units. Located in the Dimitrie Pompeiu area of Bucharest, ONE Technology District building will therefore respect the principles of sustainability, incorporating the latest technologies and materials, geoexchange and special structural features, as well as LEED Platinum certification.
The agreement involves the construction and leasing of office spaces with a gross lettable area of 20,595 square meters (with terraces), including 3,000 square meters of laboratories and 280 parking spaces.
