Citigroup buys Titanic Quarter office in Belfast


Gateway offices are occupied by CitiImage copyright
Donal McCann

Image subtitle

Gateway offices are occupied by Citi

Citigroup bought its major Belfast facilities from the Titanic Quarter.

The financial services company has rented the Gateway building since 2009 and said the decision to buy shows a long-term commitment to Belfast.

The price was not disclosed, but the building was on the market for £ 34 million.

Citi is one of Belfast's leading employers, with about 2,600 employees in the city.

About half of these workers are accommodated in the Gateway, which consists of three interconnected six-story blocks.

In 2017, the US company gave a guarantee on the future of its presence in Belfast after Brexit.

Citi's chief operating officer in the UK said: "There is no fundamental reason why Belfast's attractions for us should change as a result of Brexit.

"I do not see it in the way we have in Belfast or our plans to continue developing."


Source link