GTC has announced one of its most important lease transactions of the year. Alpha Bank Romania, part of the Greek Alpha Bank Group, will be relocating part of its operations to City Gate North Tower in Bucharest, starting January 2023.
“While every new tenant is extremely important to us, the transaction of the year remains the signing of the contract with Alpha Bank Romania, a partnership assisted by JLL and CEE Estate, the asset management company of GTC Romania, whose support is very valuable. We are pleased that Alpha Bank Romania trusted us for moving part of its operations. This comes as a confirmation that the office real estate market is regaining balance after the pandemic and also as a sign of our growing reputation in the Romanian market,” said Ziv Gigi, Managing Director of GTC’s operations in Romania.
Alpha Bank Romania is a financial institution ranked among the top 10 banks in the country, which provides a wide range of financial services and products both to individuals and to companies. With a national presence of almost 30 years, Alpha Bank Romania is one of the financial institutions that innovated the banking sector in Romania.
“We focus our efforts on increasing the quality of the working conditions of our employees and we chose City Gate for the high level of services and spaces offered. The eco-friendly building meets the expectations of today’s labour market, offering work-sharing spaces, multi-purpose rooms and relaxation areas”, said Ion Stan, First Vice President, of Alpha Bank Romania.
“We thank the team of Alpha Bank Romania for choosing JLL in this challenging journey and we are eager to visit the new office once finished. City Gate was the building that responded best to our set criteria, and we found in GTC Romania a true partner during negotiations”, declared Viorel Opait, Business Development Director at JLL Romania.
2022 has been a great year for GTC Romania, as the company has welcomed 6 new tenants including Industrial Land and Accion Labs Romania and signed 2 prolongations with the current ones.
Located in the Northern area of Bucharest, near Piața Presei Libere, the City Gate landmark office building recently went through an extensive refurbishment process, following an investment of €3.5 million. The building has LEED GOLD Certification and benefited from outdoor and indoor upgrades, such as improvements of the lobby, the main reception area of the North Tower and various facilities of the building operating systems.
The City Gate iconic Complex includes two tower buildings (ground floor + 18 floors), located in the Piața Presei Libere area, and has a total leasable space of 47,700 sqm. Both towers have LEED GOLD Certification, proving GTC’s commitment to sustainable development, responsible construction, and asset management.
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