Situated in the Northern Bucharest, Global City Business Park has a total built area of 56,000 sq. m and a total of class A office rentable area of 51,000 sq. m in two buildings with GF+10F mp. In addtition to that, the project includes 28,000 sq. m built underground space 844 parking places to supplement the surface ones. The project started in October 2007 and was completed in February 2010. “Since the beginning of the year until present, we have renewed two of the most important contracts close to their expiry. Therefore, Coca-Cola HBC Romania, which occupies an area of 5,400 sq. m and Total Soft – 3,500 sq. m have opted to continue their contracts in Global City Business Park (...) “, has declared Ivana Bozjak, partner and head of real estate for Global Finance. According to her declarations, at the beginning of the year the project had 45% occupancy rate, and currently the occupancy rate reached 50%. “By the end of the year we aim the signing of new contracts to a total occupancy rate of 60%. Moreover, for the last two year our intention is to have approx. 90% occupancy rate for Global City Business Park “, Bozjak said. for the moment, Global City Business Park has 26 tenants, and the biggest area is occupied by companies such as Coca-Cola HBC Romania, Total Soft, Call Point, Euroins, Ford, Cycle, ICAP, Global Finance, Daewoo and Monsanto. Apart from these companies, the ground floor of the two buildings is occuplied by several retailers and catering services suppliers. “The retail space, of nearly 4,000 sq. m, includes a self service restaurant, a business lounge, a coffee shop, a beauty salon, a pharmacy, 2 ATMs and an Inmedio store“, Bozjak also said. Global Finance is an investment fund founded in 1991 in Athens, Greece, which manages a series of private and real estate investment funds. In more than 20 years since its founding, the investments of Global Finance focused on multiple sectors such as production, technology, retail, mass-media, telecommunications and real-estate. Thus the company accomplished more than 85 investments in 11 countries. The company entered Romanian market in 1996 and apart from its Bucharest office it also has representatives in Belgrade and Sofia. (sursa: wall-street.ro)