Bucharest, October 10, 2023 – Genesis Property announces that Garanti BBVA, one of the most dynamic banks in Romania, extends its lease for another 5 years, maintaining the 7,200 sqm headquarters in YUNITY Park. Garanti BBVA thus reaches 20 years of constant presence in the same business campus.

By maintaining its presence in the same location since 2009 and extending the lease, Garanti BBVA confirms its commitment to optimal spaces and new trends in the balance between professional efficiency and the wellbeing of its employees, provided by the facilities and services of the YUNITY Park campus, an innovative project developed by Genesis Property.

“We are motivated by the solid partnership we have with Garanti BBVA, one of the reputed banks in Europe, recognized for its success in digital transformation, an essential component and a core value in the YUNITY Park project as well. We are delighted to be able to provide the over 1,000 employees who work, and will continue to do so, from the campus of the future, with benefits and creative destinations to inspire them on their professional journey. With the extension of the contract, Garanti BBVA will complete no less than 20 years of presence in our carefully designed spaces, with attention to innovation and the needs of the future,” said Liviu Tudor, Chairman, Genesis Property.

Garanti BBVA is a universal bank with a customer-oriented strategy and a strong focus on digitization and sustainability. Present in Romania since 1998, Garanti BBVA focuses on portfolio growth and quality, and is one of the healthiest financial institutions on the local market. The bank has a solid portfolio of acquisitions, expanding its digital channels and the range of quality banking products and services for all business segments: Retail, SME and Corporate.

“I am delighted to continue our long-standing partnership with Genesis Property. The real estate group’s continued dedication to modernizing and upkeeping our headquarters building has not only provided us with an exceptional office environment, but also underscores our shared commitment to providing workspaces that precisely meet the needs of Garanti BBVA employees, encouraging innovation, optimizing efficiency and promoting future solutions,” added Mustafa Tiftikcioğlu, CEO of Garanti BBVA Romania.

Genesis Property is among just over 3300 top companies worldwide and only the fifth company in Romania with such an endorsement from this global organisation. Moreover, Genesis Property becomes, through SBTi, the first real estate company in Romania to officially join and become a member of the “Race to Zero” campaign, a UN initiative launched with the aim of achieving a carbon-free economy and limiting global temperature rise to 1.5 degrees Celsius (as outlined in the Paris Agreement).

Genesis Property has committed to reduce its emissions from Scopes 1 and 2 by at least 46% by 2030, compared to a baseline year of 2019, in a first phase. In addition, the company has committed to measure and reduce emissions from Scope 3 so that it can also obtain validation of the Net-Zero long-term CO2 reduction target from SBTi during 2024.