GTC welcomes Regus as new tenant in City Gate

20 December 2022

GTC Romania has signed a long-term contract with Regus, part of IWG, the world’s largest provider of hybrid working solutions, which will occupy 1200 sqm in the City Gate South Tower, starting June 2023.

ā€œCity Gate is an ideal business location, and we are delighted to welcome Regus as our new tenant and further diversify the renter mix. Following this deal, we are introducing a flexible, serviced office provision from one of the leading players in the market and add additional flexible workspaces to City Gate, one of the most desirable buildings in the city, with world-class offices and with the most beautiful views. The major refurbishment undergone recently; the high quality of spaces coupled with the buildingā€™s superb location has led to a strong tenant demand. I would like to thank IWG for their trust and cooperation as well as to our asset management company CEE Estate for the great effort in this transaction,ā€ stated Ziv Gigi, GTCā€™s Executive Director for the SEE region.

The iconic City Gate Complex includes two tower buildings (ground floor + 18 floors), located in Piața Presei Libere area, and has a total leasable space of 47,700 sqm. Both towers have LEED GOLD Certification, proving GTCā€™s commitment in sustainable development, responsible construction, and asset management.

City Gate recently went through an extensive refurbishment process, following an investment of EUR 3.5 million.

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