With a total leasable area of 75,000 sqm of high quality office space, West Gate is the largest and most successful business park from the western part of Bucharest. Ideally located next to the Preciziei metro station, having access from both Iuliu Maniu and Preciziei Street, West Gate has as tenants some of the most prestigious large multinational companies present in Romania such as: Siemens, Accenture , Ericsson, Citibank, Dacia Renault, WNS, Société Générale, PPD (Pharmaceutical Product Development), Panasonic, Alpha Bank, Carestream Health and Medicover.
Located in the west of Bucharest, the complex is situated close to an important residential area, shopping centers and other office buildings. The location benefits from a good access to all public means of transportation, and to A1 Highway as well.
Siemens S.R.L., the local subsidiary of the world-renowned German technology group, has agreed to extend its existing lease with Genesis Property, thus securing its presence in West Gate Business District for the next five years. This significant contract extension underlines the importance and long-term benefits of the solid and sustainable collaboration with Genesis Property and serves as recognition by Siemens of West Gate Business District as a high-class business hub with an exceptionally lucrative outlook.
WNS Global Services, a global leader in Business Process Management (BPM), extends their lease agreement for 3,800 sqm of office space in the H5 building located in the West Gate Business District complex.
Western Gate Business Park, owned by Genesis Property, a company controlled by Liviu Tudor, signed the sixth consecutive expansion of Societe Generale European Business Services, up to an area of 17,000 square meters.
The West Gate Business park in Bucharest will add 4,000 square meters to the contract with Societe Generale European Business Services. The West Gate spaces rented to the French company total 12,700 square meters.
Liviu Tudor, the biggest Romanian office space owner, signed for Renault’s 3 years lease extension in West Gate in western Bucharest and has withdrawn from the tender for the new local headquarters of the Renault Group, leaving businessman Simon Roth without competition for the office project.
Liviu Tudor, the Romanian entrepreneur controlling the business parks West Gate (Militari) and Novo Park (Pipera) through its company Genesis Development, started a series of investments in the office project in the Western Bucharest, including an outdoor swimming pool.
Societe Generale European Business Services (SG EBS) has expanded its office space within the West Gate business park and renewed its contract to be valid until 2021, park owner Genesis Development announced.
Swedish communication industry group Ericsson, which has reached on the local market approx. 3,000 employees, continues to expand and rented in Bucharest a complementary space of approx 5,000 sq. m as the business increased and the company won a externalized services contract with Orange Romania, the largest mobile phone operator on the local market.
The companies with offices leased in West Gate office complex in Western Bucharest have expanded the leased areas in the last two years with 15,000 sq. m and there are still intentions in this respect, has declared Liviu Tudor, the owner of the project, mentioning that he will start a new project if he has at least 80 pct. pre-leases.
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