Alpha Bank Romania leases 5,000 sqm in City Gate office project

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, Managing Director of GTC’s operations 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.

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 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 square meters. Both towers have LEED GOLD Certification.