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News Release

Bucharest

World Class leases 1,000 sq m in America House

A new high-street retail transaction for Jones Lang LaSalle


World Class, the no.1 fitness operator in Romania, has leased through Jones Lang LaSalle 1,000 m2 in America House, owned by AEW, the French investment fund.
 
The centre will open its gates at the first floor- the retail gallery where consultancy & other services companies operate. America House is a Class A business center, built on 9 floors, with a lettable area of 27,000 m2 and providing for 350 underground parking places.
 
Among the renowned tenants that have their headquarters based in America House we can mention Deloitte, Mastercard, Ericsson, BCR, Schlumberger,Tuca  Zbarcea &Asociatii,  S&T and the Embassy of Japan.
 
Carmen Ravon, Senior Consultant  within Retail Agency department of  Jones Lang LaSalle, the company that concluded the leasing, declared: " A fitness facility  was crucial in Victoriei Square and World Class, the market leader in the field, ceased this opportunity. World Class currently has about 14,000 members, most of them employees of multinational companies as well as local companies, part of which have offices right in Victoriei Square- Bucharest’s most important business district. America House was an unconstrained choice, being a landmark building with an exceptional positioning and a prestigious tenant mix. In addition, dedicated parking for members is a significant benefit, given the lack of parking on the main access roads in the city center.”
 
AEW Europe is an investment fund based in France having offices in Germany, Italy, United Kingdom, Belgium, Spain, Portugal, the Nordic countries, the Czech Republic, Hungary and Poland. In Romania, AEW Europe also owns European Retail Park Targu Mures, anchored by Auchan, Baumax and Cinema City- expected to open in late 2011.
 
Currently, World Class operates six centres in Bucharest, two in Cluj and Timisoara.