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.




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New leases

  • MLP Group has bolstered the tenant mix at MLP Poznań West by welcoming Stockly, a 3D printing specialist. The company has leased 2,400 sqm of warehouse and office space, with operations already underway via early access. A full handover is expected in December 2026. Stockly was represented by Rock Estate during the transaction.
  • Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.

New appointments

  • Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.
  • Aleksandra Walaszek and Tomasz Nowakowski have joined Cushman & Wakefield’s Retail Agency. Walaszek has more than 10 years of experience in the retail sector. Nowakowski is an expert with nearly 20 years of experience in strategic leasing and retail property transaction management.
  • iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.


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