GTC announces one of the most important lease transactions of the year. Alpha Bank Romania, part of Greek Alpha Bank Group, will be relocating part of its operations to City Gate North Tower starting January 2023 where it will occupy 5000 sqm, over 10 percent of the total area of the City Gate Complex.
āWhile 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,ā stated Ziv Gigi, Managing Director of GTCās operations in Romania.
2022 has been a great year for GTC Romania, as the company welcomed so far 6 new tenants including Industrial Land and Accion Labs Romania and signed 2 prolongations with current ones.
Located in the Northern area of Bucharest, near PiaČa Presei Libere, the City Gate landmark office building recently went through an extensive refurbishment process, following an investment of EUR 3.5 million. The building has LEED GOLD Certification.
