PPD extends the lease for office space in West Gate Business District

PPD extended the lease contract for its headquarters in West Gate Business District business park for another 5 years.

PPD, based in West Gate Business District since 2008, is among the longest-term tenants of the office park and is now renewing its lease until October 2026.

In the last month, Genesis Property also announced a 5 years lease extension with the local branch of the Japanese company Yokogawa, located in Novo Park.      

West Gate Business District has five buildings, each with ​​15.000 square meters of usable space, with high quality class A offices and auxiliary spaces.

It also provides parking lots for its tenants, green spaces and other facilities such as an outdoor swimming pool, 4-star accommodation, a tennis court and a running track.

The H3 building in the West Gate Business District, fully occupied by Ericsson, recently achieved the IMMUNE – Resilient certification.

Genesis Property is one of the most important class A office developers in Romania, with over 20 years of experience in the real estate industry.

The company owns and manages over 150.000 square meters of Class A office space in Novo Park and West Gate Business District in Bucharest.

Among the most important tenants in the two office parks are companies such as HP, Accenture, Societe Generale, Citibank, Ericsson, Garanti BBVA, Infineon, Luxoft, Yokogawa, Siemens, Alpha Bank, where a total of over 20.000 employees work.

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