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Alpha Bank Romania leases 5,000 sq m in GTC office building City Gate Bucharest

GTC real estate company has announced 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.

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GTC completed the City Gate refurbishment project, following a EUR 3.5 million 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 EUR 3.5 million.

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Globe Trade Centre sells Cascade Office Building

Globe Trade Centre has sold its A-class Cascade Office Building in Bucharest to the Hungarian Crown Holding Kft. making a healthy profit of close to 20% or EUR 1.6 million on the transaction since its acquisition in 2017. The selling price of the property was EUR 10.1 million.

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ESG Report 2021: GTC reduced its carbon footprint by 62% in Romania

GTC reduced its greenhouse gas emissions by 62% in Romania and by 44% in Poland, according to the ESG report recently published by the Group.

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Ziv Gigi is the new Country Manager of GTC Romania and Bulgaria

GTC continues the strategy of consolidating the group, through internal promotions, with the appointment of Ziv Gigi in the position of Country Manager Bulgaria, where he will be responsible for all local market operations, in addition to his role as Country Manager Romania.

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The GTC Group announces a 10% increase in rental income in the first quarter of this year

The GTC Group recorded, in the first quarter of 2022, a 10% increase in rental income compared to the same period last year. The occupancy rate also increased by 1 percent, and adjusted EBIDTA is 5% higher.

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The GTC Group reports a net profit of 43 million euros in 2021

The GTC Group made a profit of EUR 43 million in 2021 amid EBITDA growth adjusted to EUR 113 million, compared to EUR 105 million in 2020.

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GTC announces Webhelp lease prolongation in Romania

GTC, one of the leading real estate companies in Central and Eastern Europe, announces the lease prolongation by Webhelp Romania for approximately 5,000 square meters in Premium Plaza, GTC’s emblematic project in Bucharest.

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