GTC secures new tenant for Sofia office project

10
Jun
2020
News - GTC secures new tenant for Sofia office project #Bulgaria #development #GTC #lease #office #SEE #Sofia

by Property Forum | Office

GTC Bulgaria has informed that the varied tenant portfolio of Advance Business Center II will be enriched by Commerzbank. One of the largest German banks will lease over 3,500 sqm GLA of office space starting 1st December 2020. The pre-leasing agreement was consulted by CBRE. Advance Business Center II is under construction phase and due for delivery in Q4 2020.


Advance Business Center II is a second GTC development project within Business Park Sofia. The building will offer 17,800 sqm of modern office space located on three office floors as well as three underground levels with 279 parking lots. The implementation of innovative technological solutions combined with quality, cutting-edge architectural design will allow providing employees with ideal conditions for efficient work answering all their needs and requirements. Multiple green zones between the buildings of GTC's office complex will be enriched of water cascades and benches creating a friendly chillout space. The building has already been precertified at the LEED Gold level.

“The idea behind Advance Business Center II is to create a world-class work environment including leisure options which became important for employees. Our tenant portfolio is already secured in 75%, and we are extremely pleased that Commerzbank has chosen our office building as Modis or World Bank did. We are sure that the highest quality of our new workspace will meet the requirements of all tenants who trusted Advance Business Center II to be a great office environment,” commented Danny Bercovich, Country Head at GTC Bulgaria.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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