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Betahaus Sofia and GTC Bulgaria Announce Strategic Partnership

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betahaus Sofia, a pioneer of coworking in Bulgaria, and one of the leading commercial real estate developers in CEE, GTC Bulgaria, which is part of GTC Group, have announced a new strategic partnership in Bulgaria.

The partnership gives the opportunity for betahaus to expand and validate the new product line of the company: fully-serviced spaces in class A office buildings on flexible terms.

The cooperation between betahaus Sofia and GTC Bulgaria will meet the demand for flexible office solutions in well-established business districts, home to many of the leading local and global companies.

The first two coworking spaces will be located in two grade A office buildings
owned by GTC Bulgaria: Advance Business Center (Business Park) and Sofia
Tower (Mall of Sofia) encompassing a total area of 3,000 square meters.

The locations feature reception area, collaborative areas, flex workspaces, meeting rooms, phone booths, furnished private offices, fully-equipped kitchens, and more. The spaces, which are designed by a leading Bulgarian architect, will be furnished to the
highest office standards and fueled by the latest technological trends,
providing top-of-the-line solutions for IT infrastructure, access control, and security.

The tenants of the spaces already include: KBC Global Services, Quickbase, Rambus, and PDS Group.

“For the first time, GTC is offering added value to its tenants by providing shared workspaces in two of its existing buildings,” said Ziv Gigi, Managing Director of GTC Bulgaria. “We are happy to announce our cooperation with the pioneers and top professionals in the field – betahaus Sofia. As of this November, they will fully manage an entire floor at Advance Business Center 1 and we are confident that they will do a great job so we are also planning to expand this partnership further and at the very beginning of next year, we will jointly launch the project in Sofia Tower II, where betahaus will manage two floors.

“On one hand, this approach will bring additional opportunities to our current and future tenants to be more flexible in line with the new trends in the work of employees as a result of the pandemic,” Gigi added. “And on the other hand, we believe that
this proposal will be a good option for individual tenants who prefer to have
available smaller work areas where they can carry out their activities in a pleasant business atmosphere.”

Alexander Mihaylov, co-founder and CEO of betahaus Sofia, commented: “We
are thrilled to work together with the GTC network and fuel GTCs
decades-long experience of building office spaces to the highest standards
with the successful coworking model of betahaus and our brand culture.
The resulting ‘future of work’ model will offer future tenants office spaces
that boost productivity and efficiency, while providing the much anticipated
flexibility. And all this while being part of the great betahaus community of
like-minded professionals.”

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betahaus Sofia is the pioneer of shared workspaces in Bulgaria. It is part of one of the most successful coworking networks in Europe with branches in Berlin, Barcelona, and Hamburg. For 10 years since its establishment, betahaus has successfully validated the
coworking model, doubling its spaces, from which some of the most successful Bulgarian companies have started.

GTC Group is the leading real estate investor and developer focusing on Poland and capital cities in Central and Eastern Europe. Since 1994, GTC has developed 68 high-standard, modern office and retail properties with a total area of over 1.2 million square meters through Central and Eastern Europe. GTC now actively manages a commercial real estate portfolio of 44 commercial buildings in Poland, Hungary, Romania, Serbia, Croatia, and Bulgaria. GTC S.A. is listed on the Warsaw Stock Exchange and inward listed on the Johannesburg Stock Exchange.


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