Petroleum industry giant picks City Gate in Bucharest

• GTC has concluded the biggest leasing deal of the last few months in Romania

• The company signed a lease agreement with Rompetrol

• Rompetrol will take more than 9,300 sq m in the City Gate office complex in Bucharest

GTC Romania – a subsidiary of Globe Trade Centre S.A. (GTC) – has signed a lease contract for over 9,300 sq m of office space in the City Gate complex in Bucharest. It was the largest rental transaction concluded recently in Romania.

Rompetrol Group is an international petroleum consortium, operating in 12 European countries and one of the key players of the fuel sector in Southeast Europe. The company is the second biggest fuel maker in Romania, with a 40% share in the local market. The sole shareholder of Rompetrol is the Kazakhstan-based KazMunaiGas. Rompetrol’s turnover for 2009 is estimated at 7 billion dollars.

Rompetrol will occupy over 9,300 sq m of space in the northern building of the City Gate complex. The object is located in a prestigious business district, in the northern part of Bucharest, it consists of two independent towers, with net rentable area of 44,000 sq m.

Rompetrol will also have 200 parking places at their disposal (out of a 1000 total parking places available). The value of the 5-year contract amounts to approximately € 11 million. With the contract with Rompetrol signed, 100% of space in City Gate’s northern building is now leased. Romtelecom – Romania’s biggest telecommunications company also located their offices in City Gate.

Some of the most prominent tenants of the southern tower include: Microsoft, Millenium Bank and Hoffmann LaRoche. Additionally, Autoitalia – a car dealer company occupies over 1,300 sq m of space at the bottom floor of the building. This part of the complex is rented in 70%.

Construction of the City Gate complex was concluded in Q4 2009. GTC Romania holds 60% of shares in the company responsible for the construction of the complex.

GLOBE TRADE CENTRE S.A. (GTC S.A.) is one of the leading developers in the New Europe and was established in 1994 in Warsaw. Currently it operates in Poland, Hungary, the Czech Republic, Romania, Serbia, Croatia, Slovakia, Bulgaria, Russia and Ukraine.

GTC develops projects and manages completed properties in three key sectors of real estate: office buildings and parks, retail and entertainment centers and residential sector.

GTC has developed about 700 000 sq m of net space and currently is the owner of completed commercial property with a combined net area of about 412 000 sq m. GTC also holds an impressive portfolio of investment at various stages of development which will facilitate the construction of 1.9 million of commercial and residential space.

New Year brings new tenants to Platinum Business Park

• The third building in Platinum Business Park has received an occupancy permit

• New tenants include Peugeot, CB Richard Ellis and Communication Unlimited

• GTC S.A. has also signed a letter of intent for the lease of 1500 sq m of office space

Globe Trade Centre S.A. (GTC S.A.) has signed lease contracts for nearly 2000 sq m of office space in Platinum Business Park in Warsaw. Another renowned international company will soon join the tenant list of Platinum Business Park.

The new tenants of one of the most prestigious office parks in Warsaw are: CB Richard Ellis Facilities Management (CBRE FM) and Communication Unlimited (CU) advertising agency. CBRE FM will occupy approximately 570 sq m, while CU took 590 sq m of office space in the recently completed third building in Platinum Business Park. The building has received its occupancy permit in December 2009. The first tenant – TUI, with its offices comprising 2700 sq m of space, has already moved in.

GTC S.A. has also signed a letter of intent with a renowned international company for the lease of 1500 sq m of space in the third building of the business park. This transaction is likely to be concluded in January 2010.

Another new tenant in Platinum Business Park is Peugeot, which will occupy the last available space (about 750 sq m) in the second building of the complex.

Considered as one of the landmarks of the business district in Mokotow, Platinum Business Park is located at the intersection of Domaniewska and Woloska streets.The third building of the complex provides 11 400 sq m of rentable space. The tenants of the three completed buildings have also approx. 650 parking places for their use. Ultimately, upon completion, Platinum Business Park will comprise 6 buildings with a total rentable area of 70 600 sq m.

The main idea behind Platinum Business Park was to create an office park that would be distinctive with its high quality, modern architectural solutions and friendly to the tenants, thanks to the attractive arrangement of the public space between the buildings, with ample recreational and green area located by the inner lake of the complex. Platinum Business Park has been honoured in the ranking of best architectural projects held by the polish branch of the international architecture internet forum – Skyscrapercity.com.

Cushman & Wakefield is the leasing agent for Platinum Business Park. The tenants of the complex include: Leo Burnett, Levi Strauss, Saatchi & Saatchi, GE Medical Systems, Expander, Zenith Optimedia, IC Companys, Helm, Electrabel, Trio Management, Crédit Agricole, Finamo, mBank, and OKI Printing Solutions Polska.

GLOBE TRADE CENTRE S.A. (GTC S.A.) is one of the leading developers in the New Europe and was established in 1994 in Warsaw. Currently it operates in Poland, Hungary, the Czech Republic, Romania, Serbia, Croatia, Slovakia, Bulgaria, Russia and Ukraine. GTC develops projects and manages completed properties in three key sectors of real estate: office buildings and parks, retail and entertainment centers and residential sector. GTC has developed about 700 000 sq m of net space and currently is the owner of completed commercial property with a combined net area of about 410 000 sq m. GTC also holds an impressive portfolio of investment at various stages of development which will facilitate the construction of 1.9 million of commercial and residential space.

GTC – Developer of the Year in Romania

• GTC Romania has been awarded the Developer of the Year prize by Construction & Investment Journal magazine.

• GTC Romania carries out investments in the three key sectors of the real estate market: office, commercial and residential projects.

GTC Romania – a 100% subsidiary of Globe Trade Centre S.A. (GTC) has been declared Developer of the Year among companies operating on the Romanian real estate market. Since 2002 the Construction & Investment Journal prizes have been awarded to the leaders of the real estate market and to their projects.

One of GTC Romania’s Project finalized in 2009 is the City Gate office complex in Bucharest. The Project has a total rental space of 43000 square metres and is located in the most prestigious business district of the city. Esteemed local and international companies can be found among the tenants of City Gate, some examples being: Romtelecom, Microsoft, Millennium Bank, Autoitalia and Hoffman LaRoche.

GTC Romania has also constructed three shopping malls in cities with a population of over 75000 citizens – Buzau, Piatra Neamt and Suceava.

Two additional residential projects are being executed by GTC in Bucharest – Rose Garden and Felicity.

The jury for the prestigious Construction & Investment Journal awards comprises of CEOs of leading companies from the real estate sector, finance institutions and legal firms from the region. In 2009 GTC Romania has been honoured for the scale of its investments as well as their high quality and modern approach.

GTC has won a Construction & Investments Journal award twice this year. In November, the magazine has recognized Galeria Jurajska in Częstochowa as the “Best Shopping Centre finalized in 2009″.

GLOBE TRADE CENTRE S.A. (GTC S.A.) is one of the leading developers in the New Europe and was established in 1994 in Warsaw. Currently it operates in Poland, Hungary, the Czech Republic, Romania, Serbia, Croatia, Slovakia, Bulgaria, Russia and Ukraine.

GTC develops projects and manages completed properties in three key sectors of real estate: office buildings and parks, retail and entertainment centers and residential sector.

GTC has developed about 700 000 sq m of net space and currently is the owner of completed commercial property with a combined net area of about 410 000 sq m. GTC also holds an impressive portfolio of investment at various stages of development which will facilitate the construction of 1.9 million of commercial and residential space.