Novo Park extends Luxoft lease contract by 2025


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Novo Park Business Park, located in Pipera area and owned by Genesis Property, signs the extent of Luxoft lease contract up to 2025, a press release informs.

The local subsidiary of the leading provider of software development services and innovative IT solutions started its activity in Novo Park in 2007 and currently occupies 9,500 sqm.

”Luxoft is one of the most important tenants of Novo Park business park. We are honored and we enjoy the confidence they have given us by choosing to remain our customers at least until 2025. The constant presence (18 years) of Luxoft in Novo Park confirms our group’s strategy to develop long-term relationships with the multinational companies we work with,” Liviu Tudor, president and founder of Genesis Property stated.

Recently, Luxoft launched in Novo Park a large-scale network equipment testing laboratory.

”In Romania, our number of employees has evolved positively from year to year, we aim to maintain the current growth trend in the following years,” Bogdan Pelinescu, General Manager Luxoft Professional Romania said.

Luxoft is specialized in the development of custom-made software solutions for foreign clients, mainly from Western Europe and the US, operating in various industries such as automotive, finance, telecom, technology, energy, tourism and aviation. The largest projects in Bucharest are in telecom, auto and finance.

Novo Park consist of 7 buildings, having a total leasable area of 75,000 sqm superior Class A office spaces.

Novo Park hosts international companies such as HP Inc Romania, Hewlett Packard Enterprise, DXC Technologies, Infineon, Yokogawa, Luxoft, Sodexo, Garanti Bank and Unicredit Integrated Business Services Romania, being in the present 100 percent occupied.

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