Five of the most prestigious buildings in downtown Bucharest are owned a part of GLA Holding. All properties have long term lease agreements with national and international companies. We have developed a number of plans how to refurbish the properties and create them into hospitality and leisure facilities if they become vacant.
To lower operational costs, senior management decided to locate the majority of its staff in Belgrade, Serbia, rather than keeping it in Vienna, Austria. When this journey began a house was purchased and transformed into offices. As our operations grew, we needed to move some people around to other offices in Belgrade. As we believe in teamwork and having everyone under one roof, we are planning to demolish the house and build a state-of-the-art office building with all the amenities to keep our employees mentally and physically happy and safe.