Expansion after listing on the Bucharest Stock Exchange: Softbinator Technologies moves its offices to Opera Center

Softbinator Technologies (stock symbol CODE), a Romanian software development company specializing in the design, development and market launch of innovative products, has chosen the Opera Center One building, part of the CA Immo portfolio, to be its new employee-friendly workspace as part of its strategy to strengthen its position as a leading employer.

Softbinator Technologies, a company founded by Daniel Ilinca, increased its team of specialists following its development and listing on the Bucharest Stock Exchange, thus requiring a more generous space, located near the subway station and the Politehnica University of Bucharest, where a number of its employees study. Advised by CBRE, Softbinator Technologies chose, following an efficient real estate process, a workspace of approximately 1,000 sqm, located on the 4th floor of the Opera Center building, benefiting from a unique view over the Bucharest National Opera and the Dâmbovița River, this being the second transaction concluded by CBRE for the Opera Center project in less than six months.

In the new premises, the Softbinator Technologies team will enjoy modern, comfortable and bright working spaces with efficient heating and ventilation systems that put the health and well-being of the people working in the building first. The workspace focuses on collaboration, connection, focus, learning, exposure to organizational culture, but also offers areas for relaxation and fun sought after by software development professionals. Near the office building there are numerous cafes and restaurants, the Cotroceni neighborhood, considered one of the coolest neighborhoods in Europe, as well as multiple green areas, Cismigiu and Izvor parks and the Botanical Garden. University hubs such as the Politehnica University of Bucharest, the University of Bucharest and the Regie campus are easily accessible by metro or by bus and tram from the immediate vicinity of Opera Center One. 

“With the leap from being an IT company to now being at the center of a group of companies that complement and expand the services we offer, relocating to a building like Opera Center marks a significant new point in the evolution of Softbinator Technologies. Our team is in full expansion mode, we are constantly looking for new colleagues, and now we have an extra argument: an office near the subway, universities to facilitate attendance, and parks. The company’s success has been and will continue to be based on the efforts, hard work and creativity of our employees and collaborators. I am therefore confident that this carefully chosen space will bring us much inspiration and energy for our current and future cutting-edge technology projects.”, said Daniel Ilinca, founder and CEO of Softbinator Technologies.

Softbinator Technologies ranks third in the “Best Employer in 2021” national ranking, made by the Undelucrăm.ro platform. In December 2021, the company was listed on the AeRO market of the Bucharest Stock Exchange, and currently has a market capitalization of over 70 million lei. In 2022, Softbinator Technologies plans to open an office in Silicon Valley, United States and strengthen its partnerships in the Israeli market, where the technology field has already crossed the threshold of 20% of the contribution to GDP. The company will also continue its expansion plans in terms of range of services and products, by making new M&A transactions.

Softbinator was advised by the consultancy company CBRE Romania in choosing the most suitable space for relocation, taking into account all aspects, including the employer’s brand strategy and the company’s growth plans. The CBRE team consisted of Ana Vicoveanu, Office Consultant and Andrei Gavrilovici, Senior Consultant Office, who identified the ideal solution for a relocation in a very short time to a headquarters chosen to meet the strategic needs both for the development of the business and for the consolidation of the company as a leading employer.

“Softbinator Technologies is a company preparing to make history on the software market with a creative and energetic team in its corner. I’m glad to see yet another Romanian company in full growth, which understands the benefits that the right office can bring to the development of the team and invests in the well-being of its people. We are relentlessly focused on achieving a fluent, efficient and simplified relocation process, with beneficial results for tenants, and the collaboration with CA Immo was once again at its best, ensuring the success of this project”, said Ana Vicoveanu, Consultant Offices, CBRE Romania.

Opera Center One, owned by CA Immo, with an ideal location, just 50 m distance/away from Eroilor metro station, includes a total of 11,900 sqm of modern office space on eight floors, with an impressive glass façade with complex masonry elements on all sides. LEED Gold certified, the Opera Center One building houses major companies such as NN Lease, GSK Consumer HealthCare, Borza & Asociatii, Siemens, DHL Logistics and Qualitance, and DRUID AI, also an IT&C company assisted in 2021 by CBRE experts in the leasing process.

“Opera Center manages to impose itself on the market as an emerging IT&C hub, if we look at the portfolio of companies accommodated and strategically expanded in recent years. Together with CBRE, we have recently attracted high-profile names and we are happy to continue this trend with a new Romanian company, with admirable plans for international expansion. Romania continues to offer very attractive opportunities for companies willing to expand, starting from the cost and availability of the workforce to the quality of the buildings and the necessary budget for class A office spaces, at least 15%-30% more attractive compared to other European capitals”, said Marian Roman, Managing Director, CA IMMO Romania.

CA Immo is one of the leading real estate developers in the office market, with a portfolio of office buildings with a leasable area of 165,000 sqm, valued at the end of last year at 390 million euros. The developer’s portfolio currently includes Bucharest Business Park, Campus 6.1, Europe House, Opera Center One, Opera Center OneI, Orhideea Towers and Riverplace.