Polish-listed GTC said it will start developing a new office building in a prime location in Bucharest by 2013.
“The building called Ana Tower, will be located in the close vicinity of GTC’s latest award-winning office project – City Gate. The project will be a 50%-50% partnership between GTC Romania and Ana Group,” said GTC, which will be managing the project on behalf of the joint venture.
The 24-floor Ana Tower is the fifth office building developed by GTC in Bucharest, after Europe House, America House, City Gate South and City Gate North.
Businessman George Copos, owner of the Ana Group, recently told MEDIAFAX that works on the office building near Crowne Plaza will start within 3-6 months, with an investment of some EUR70 million.