GTC completed the City Gate refurbishment project following 3.5 million Euro investment

GTC, one of the leading real estate companies in Central and Eastern Europe, completed the City Gate Complex refurbishment project, following an investment of 3.5 million Euro. The project started in 2021 and targeted two major directions for investment and implementation: common and leasable areas.

“The entire area is now a high-performance office space, more modern, more elegant, and functional at the same time. All the new solutions implemented are energy efficient, which is a sine qua non condition for any modern building. The achieved goal of the refurbishment process was to offer to our tenants a flexible working environment, comfortable, sustainable, and accessible”, stated Ziv Gigi, General Manager GTC Romania.

City Gate, which has LEED GOLD Certification, benefited from outdoor and indoor upgrades, such as improvements of lobby, high speed Schindler elevators, and various facilities of the building operating systems.

The total amount invested in the common area was 500,000 Euro, while the investment in the leasable area exceeded 3 million Euro. The money was used to refurbish the units, extend the sanitary areas, implement new modern architectural concept, replace raised floors, install new carpet, ceiling tiles LED lighting and also improve the electrical and fire detection systems, creating a unitary bond between design, functionality and efficiency.

The City Gate Complex includes two tower buildings (ground floor + 18 floors), located in ​​Piata Presei Libere area, and has a total leasable space of ​​47,700 square meters. Both towers have LEED GOLD Certification.