University Business Park is ready to welcome its tenants

• The first building of University Business Park in Lodz received an occupancy permit

• GTC concluded lease agreements with Kredyt Bank and Intergraph

• The company is currently in an advanced stage of negotiations with further companies interested in renting space in the building

Globe Trade Centre S.A. (GTC S.A.) has concluded lease agreements for the office space in the University Business Park in Lodz with Kredyt Bank S.A. and Intergraph Polska Sp. z o.o. Between April and May this year an effective occupancy permit was issued for the first building of the complex. The building has also passed the final acceptance inspection successfully.

Both lease agreements were concluded in June this year. The offices of Kredyt Bank in University Business Park, where among others private banking services will be carried out, will occupy  650 m2  of space and are due to be opened in Autumn this year.

The second of University Business Park’s new tenants is Intergraph Polska – a company that specializes in software and engineering solutions for geo-spatial measurements. Intergraph’s headquarters located in GTC’s investment in Lodz will occupy approximately 400 m2 of space.

University Business Park is located near the areas of the Technical University of Lodz, between Kosciuszki Av. and Wolczanska St.  The first of the two buildings of the complex that has been completed in May this year provides 18,500 m2 of friendly and perfectly illuminated class A office space and 300 parking lots.

The buildings of University Business Park are seven storeys high, with a typical floor  providing approx. 2,700 m2 of area.

University Business Park perfectly accommodates the requirements of large and small firms (the minimum rentable area is 100 m2). The complex has been developed in a way that allows the tenants for flexible interior design and effective adaptation of the area, both in an open space layout and a cabinet layout.

University Business Park is fitted with suspended ceilings, tilting windows with external blinds, modern heating, air-conditioning and telecom systems, as well as a double power system and full access control. These solutions facilitate flexible adaptation of the offices e.g. for back-office, research or laboratory operations that are usually conducted by companies from the BPO sector, which in turn constitute a substantial percentage of the potential investors from the region of Lodz.

For more information about University Business Park please visit: www.biurawlodzi.pl 

GLOBE TRADE CENTRE S.A. (GTC S.A.) is one of the leading developers in the New Europe and was established in 1994 in Warsaw. Currently it operates in Poland, Hungary, the Czech Republic, Romania, Serbia, Croatia, Slovakia, Bulgaria, Russia and Ukraine.

GTC develops projects and manages completed properties in three key sectors of real estate: office buildings and parks, retail and entertainment centers and residential sector.

GTC has developed about 750 000 sqm of net space and currently is the owner of completed commercial property with a combined net area of about 455 000 sqm. GTC also holds an impressive portfolio of investment at various stages of development which will facilitate the construction of 1.8 million sqm of commercial and residential space. GTC’s total assets exceed EUR 2.6 billion.

GTC’s shares are listed on the Warsaw Stock Exchange on the prestigious WIG20 index. The company’s assets are also included in the international MSCI index and Dow Jones STOXX Eastern Europe 300 index, as well as the GPR250 index which comprises the 250 biggest and most liquid real estate companies of the world. Among GTC’s shareholders are many of the biggest Polish and international institutional investors.

New Tenants at Galeria Kazimierz

• New tenants for the 5th anniversary of Galeria Kazimierz in Cracow

• Ten new brands have joined the list of tenants and four existing shops have reopened with a new layout

• New shops at Galeria Kazimierz include such retailers as Mango, Reebok, Salomon and Baldinini

More than 5 years after opening, Galeria Kazimierz, developed by Globe Trade Centre S.A. (GTC), continues to be one of Cracow’s most popular shopping locations. In May and June 2010 the mall underwent a partial commercial re-launch. Additional well-known brands joined the list of tenants, and some of the existing shops reopened in a new format. More new stores will open this autumn.

The new shops at Galeria Kazimierz include Three Crosses Square (a boutique for luxury brands Armani Collezioni, Ermenegildo Zegna, Hugo Boss, Burberry, Church’s, Kenzo and J.M.Weston), Baldinini, Badura (both brands offering footwear and accessories), Reebok (sports clothing and gear) andSalomon (sportswear and shoes). Salad Story opened in the food court. In the near future the mall will welcome Mango (women’s fashion), Monetti (exclusive porcelain), Step In (shoes) and Drogeria Natura (cosmetics).

Current tenants at Galeria Kazimierz who have reopened in a new location and with a new layout include Yves Rocher (cosmetics), the clothing store Americanos(with the “Handmade Indigo Art” concept) and shoe store Heavy Duty. The expanded Próchnik boutique has added Tiffi to its line-up of brands.

“Galeria Kazimierz enjoys recognition among residents and visitors to Cracow, where it has been one of the city’s most important and most prestigious shopping locations for the past 5 years,” said Anna Malcharek, Managing Director for Shopping Centres at GTC S.A. “The partial redevelopment of the tenant mix will be sure to make the facility even more attractive and increase the quality of the retail experience.”

Opened in March 2005, Galeria Kazimierz was GTC’s second retail development in Poland, following Galeria Mokotów in Warsaw. It was also the first modern shopping mall in Cracow.

The architecture of Galeria Kazimierz offers a functional and attractive combination of modern retail space and restored landmark buildings within the layout of the mall. There are over 130 shops, service points and entertainment options in a retail area of over 36,000 sq m, including a 10-screen multiplex cinema. The anchor tenants at Galeria Kazimierz are Zara, H&M, C&A, Reserved, Carry, Empik, Alma, Pure Fitness, RTV Euro AGD and Cinema City.

Retail leasing at Galeria Kazimierz is handled by the international firm Jones Lang LaSalle.

The owners of Galeria Kazimierz are GTC S.A. and Quinlan, which each hold 50% of the shares in the mall.