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November 29, 2022

GTC welcomes Alpha Bank Romania as new tenant in its landmark office building City Gate

  • Alpha Bank Romania, a leading actor of the banking and financial sector, chose City Gate North Tower, one of GTC’s landmark office projects in Bucharest, Romania, for moving part of its operations
  • Alpha Bank Romania will occupy 5000 sq m, over 10% of the total area of the City Gate Complex

GTC, a leading real estate company in Central and Eastern Europe, 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.

“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”, stated Ziv Gigi (photo), 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 labor market, offering work-sharing spaces, multi-purpose rooms and relaxation areas”, said Ion Stan, First Vice President, 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 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 Piața Presei Libere, the City Gate landmark office building recently went through an extensive refurbishment process, following an investment of 3.5 million euro. The building has LEED GOLD Certification, and benefited from outdoor and indoor upgrades, such as improvements of lobby, the main Reception area of the North Tower and various facilities of the building operating systems.  The new ventilation system with 4 pipes offers thermic comfort, with 100% fresh air intake, in line with the latest COVID-related health requirements. City Gate iconic complex has one of the largest parking area in Bucharest – 40.000 sq m – offering access to the underground for +1.000 cars, accessible from 2 city directions. The new parking ramps have de-freezing system and hydro-insulating coating system, while the access is based on plate recognition system, which eases the admission. The complex is powered by renewable energy and offers fast chargers for electrical cars – free for all tenants, but also bike and motorcycle special parking spaces.

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



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