West Gate Business Park adds additional 4.000 sqm to the contract signed with Societe Generale European Business Services

West Gate Business Park, located on the western side of Bucharest and owned by Genesis Development, adds additional 4000 sqm to the existing lease contract with Societe Generale European Business Services.

„Taking into consideration that in 2017 the M&A market is estimated to grow with 200.000 sqm additional office space, the fact that a company like Societe Generale chooses to extend it’s office in one of our business parks represents a big plus and confirms our capacity to serve them according to their expectations.” said Liviu Tudor, president and founder of Genesis Development.

The lease contract with Societe Generale European Business Services is valid as of the beginning of 2017.

Societe Generale European Business Services uses 12.700 sqm office space, from the total 75.000 sqm rentable space in West Gate Business Park. The lease contract is due to expire at the end of 2021.

 „We continue the development of our operations in Romania by extending our offices with an additional 4.000 sqm, within West Gate Business Park, in building H4 and H5. We have decided to extend here, following the quality of the services provided and the support we received for every stage of our company’s development plan.” said Phillipe Garcet, CEO of Societe Generale European Business Services.

Societe Generale European Business Services, owned by the french multinational banking group Societe Generale, serves more than 20 countries (mostly from Europe) for all the major business lines of Societe Generale Group. By optimizing the businesses management and customer care processes, the company wants to become a regional excellent center for Societe Generale Group.

From the beginning, Societe Generale European Business Services has recorded a fast growth rate, setting its target of reaching over 1.000 employees until June 2017.

West Gate Business Park is one of the bigest business parks in Bucharest, developed by Genesis Development and located in Militari area, very close to Preciziei subway station. The park has 5 office buildings, having a total leasable area of 75.000 square meters.

Currently, West Gate Business Park has a 100% occupancy rate and hosts international companies such as Societe Generale European Business Services, Accenture, Alpha Bank, Carestream, Citi, Dacia-Renault, Ericsson, Siemens, Panasonic and WNS.