GTC closes lease at Okęcie Business Park

Globe Trade Centre S.A. (GTC) has concluded a major lease at the Okęcie Business Park complex in Warsaw. The Hungarian firm EGIS Pharmaceuticals PLC will occupy nearly 1,700 sq m in the Corius building, now under construction. 

EGIS is one of the leading pharmaceutical firms in Central Europe. It specialises in production and sale of medicines and active ingredients for pharmaceuticals. It operates through 21 establishments in Hungary and abroad. Medicines manufactured by EGIS are present on all of the world’s largest markets.

“Another dynamically growing firm has joined the group of renowned tenants at Okęcie Business Park, which include such names as Novo Nordisk, Avon, Moeller Electric and Mitsubishi,” said Jacek Wachowicz, member of the Management Board of GTC. “The choice by EGIS demonstrates that Okęcie Business Park offers optimal solutions for the needs of international corporations.”

Okęcie Business Park is an office complex on ul. 17 Stycznia, adjacent to Warsaw Chopin Airport. Corius, currently under construction, is the third building in the complex. The first two, Nothus and Zephirus, were built in 2008 and currently are 100% let. The Corius building will offer 9,100 sq m of Class A office space. The building is equipped with suspended floors, suspended ceilings, soundproof tilt windows, full air conditioning, a state-of-the-art building management system, access control and professional security.

The general contractor for the Corius building is Unibep. Construction work is scheduled for completion by the end of this year.

Ultimately Okęcie Business Park will comprise six buildings with a combined lease area of almost 55,000 sq m. The location of the complex near ul. Żwirki i Wigury and al. Krakowska in Warsaw assures easy access by car or public transit. The surrounding road and rail infrastructure linking Okęcie with neighbouring districts is currently being extended. There is convenient lodging available within a 10-minute drive.

The architectural design for Okęcie Business Park, reflecting both the natural advantages of the surroundings (including a lake and green areas) and the proximity of the airport, was created by the studio APA Kuryłowicz & Associates, directed by renowned Polish architect Prof. Stefan Kuryłowicz.

GTC welcomes new tenants to University Business Park

Globe Trade Centre S.A. (GTC) has entered into more leases at University Business Park in Łódź. The tenants at the complex are from the IT, finance and pharmaceutical industries.

The American company Bankruptcy Management Solutions is a provider of software and support services for firms in bankruptcy.

Another new tenant is Tax Care, which provides financial solutions for small and medium-sized enterprises.

Pharmena is a company that handles development and sale of pharmaceuticals and medical cosmetics and testing of new medicines for such uses as treatment of circulatory disorders. The company was created by local researchers from the Technical University of Łódź and the Medical University of Łódź.

The new tenants will move into University Business Park in June.

Other companies that have already leased space at the University Business Park include Intergraph, Kredyt Bank, AEGON, Warta Life Assurance and Hermann Kirchner.

University Business Park is located adjacent to the campus of the Technical University of Łódź, between al. Kościuszki and ul. Wólczańska. The first of the two buildings, completed in 2010, offers 18,500 sq m of pleasant Class A office space with abundant natural lighting, as well as 300 parking places.

The University Business Park building has seven floors, with a typical floor area of 2,700 sq m.

University Business Park is suited to the needs of tenants large and small (with a minimum lease area of 100 sq m). The complex was designed to provide tenants the greatest flexibility in arrangement of the interiors and efficient use of the area as individual offices or as open space.

University Business Park is equipped with suspended ceilings, tilt windows with external roller blinds, state-of-the-art HVAC and telecommunications systems, backup power source and full access control. This makes it possible to arrange the office space freely for back-office operations or for research or laboratory use by companies from the BPO sector, which make up a significant percentage of potential investors in the Łódź area.

More information about University Business Park is found at www.biurawlodzi.pl

GTC leases over 2,400 sq m in Francuska Office Centre in Katowice

Globe Trade Centre S.A. (GTC) has concluded a lease agreement for office space at Francuska Office Centre with Ruch S.A. (Ruch). Ruch has rented 2,434 sq m of space located on two floors of the building.

Ruch is Poland based press distributor founded in 1918. It has over 40% of local market share. It offers press, books, magazines and other publications. Ruch also offers other products including tobacco, detergents, cosmetics, OTC medications, toiletries, groceries and stationary. Ruch operates through its own retail network consisting of approx. 7,600 kiosks, newspaper shops, food stores, supermarkets, coffee shops and gas stations.

In August, Ruch will open its accounting services center at Francuska Office Centre in Katowice.

“Our transaction has been undoubtedly one of the most important deals concluded on the local market this year. We are very proud that one of the most recognizable consumer brands in Poland has chosen our building. Ruch is a very demanding tenant and its choice confirms the highest quality of the GTC’s project.” – said Jacek Wachowicz, Member of the Management Board of GTC.

Francuska Office Centre is located at 34 Francuska street. The first building in the complex, completed in the 2nd quarter of 2010, includes nearly 11,000 sq m of modern office space. The headquarters of many key institutions (such as local government and the regional court) and prominent Polish and international companies are located in the immediate vicinity of the GTC project.

Francuska Office Centre is located adjacent to public transit stops. The project is also convenient for motorists, with direct access from Francuska street and easy access for travellers on the A4 motorway and national route 86. Katowice International Airport,  at Pyrzowice, is about a 25-minute drive. The underground parking garage at the complex offers spaces for about 400 vehicles.

The interiors at Francuska Office Center are designed to allow tenants flexible arrangement and efficient management of the space, for such uses as back-office operations, research or laboratory activity. The complex offers companies the opportunity to grow within a single office park, which is still a rare feature in Katowice.

The list of other tenants of Francuska Office Centre includes:  Bank Millennium, Nordea Bank, Philips Lighting and Berlitz.

GTC is currently conducting negotiations with other companies interested in renting space at the project.

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 approximately 800,000 sq m of net space and currently is the owner of completed commercial property with a combined net area of about 532,000 sq m. GTC also holds an impressive portfolio of investment at various stages of development which will facilitate the construction of 1.7 million sq m of commercial and residential space. GTC’s total assets exceed €2.7 billion.

GTC’s shares are listed on the Warsaw Stock Exchange on the prestigious WIG20 index. The company’s shares 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. Shares were additionally added recently to CECE index (Wienner Burse index). Among GTC’s shareholders are many of the biggest Polish and international institutional investors.

 

Company projects
Investor relations
Małgorzata Czaplicka
Globe Trade Centre S.A.
tel.: +48 22 606 07 10
e-mail: mczaplicka@gtc.com.pl
Małgorzata Czaplicka
Globe Trade Centre S.A.
tel.: +48 22 606 07 10
e-mail: mczaplicka@gtc.com.pl
Przemysław Polak
Advanced Public Relations
tel.: +48 22 642 10 26
mobile: +48 600 404 613
e-mail: ppolak@advancedpr.pl
Grzegorz Zybert
Everest Consulting
tel.: +48 22 839 39 49
mobile: +48 504 212 345
e-mail: g.zybert@everestconsulting.pl

GTC to open its 10th mall in the New Europe

On 7th of April, Globe Trade Centre S.A. (GTC) and the European Bank for Development and Reconstruction (EBRD) will open the Avenue Mall in Osijek, the entertainment and shopping centre of the eastern part  of Croatia and the fourth largest city in the country with the population of 120,000 inhabitants. The catchment area for Avenue Mall Osijek is estimated at 500,000 inhabitants. Successful and prominent market identity of Avenue Mall is a new landmark on the retail map of Osijek and the powerful contribution to the regional economy.

Avenue Mall Osijek offers nearly 27,000 sq m NRA and 80 retail units. The mall is 90% leased, while the rest of space is subject of advanced negotiations. Development of Avenue Mall Osijek is co-financed by the EBRD and Raiffeisen. The EBRD is also a 20% shareholder in the investment.

GTC’s first modern shopping mall in Croatia was Avenue Mall Zagreb. The center which opened its doors in August 2007 remains the most popular shopping and entertainment destination in the Croatian capital city.

“Avenue Mall Osijek is the 10th shopping mall developed and owned or co-owned by GTC. Opening of a shopping mall in Arad, Romania, of 33,600 sq m, planned for this year, followed by an opening of a shopping mall in Burgas, Bulgaria, of 36,500 sq m, will allow us to create a chain of shopping malls across the CEE and SEE region with a total net lettable area of approx. 380,000 sq m.  But it is not our last word, as we have further 8 shopping malls at different stages of development in our portfolio” – comments Eli Alroy, Chairman of the Supervisory Board of GTC.

Avenue Mall Osijek, apart from the role of shopping destination, will provide its visitors a highly developed entertainment segment, including the most modern cinema in Croatia – Cineplexx (7 screens), bowling centre Snowball (600 sq m), playroom for children, as well as several bars and restaurants with terraces. One of the biggest Müller stores in Croatia and Mercator hypermarket in more than 2,500 sqm., will provide visitors the opportunity to buy everyday products in one place. The fashion stores offer includes more than 50 international and local fashion brands that create the best fashion segment of any shopping center outside Zagreb.
The list of tenants who have recognized the quality and potential of the city of Osijek and the region includes: Cineplexx, Mercator, Müller, United Colors of Benetton, Sportina Group, Esprit, Terranova, Elipso, Jysk and many others.

Avenue Mall Osijek is conveniently located with easy access by car and public transport (7-minute drive from the city center). The mall also ensures a car park for 1200 vehicles, as well as a free bus line to all visitors.

Architectural project of Avenue Mall Osijek was prepared by a renowned Laguarda.Low studio.

More information on Avenue Mall Osijek is now available on the web page www.avenuemallosijek.hr.

GTC accelerates development of its office pipeline in Warsaw

On 31 March 2011 Globe Trade Centre S.A. (“GTC”) obtained a valid building permit for the 5th building at Platinium Business Park in Warsaw. GTC plans to complete construction of Platinium Business Park V in the second quarter of 2012. The new development is already over 50% let.

Platinium Business Park is a Class A office complex at the intersection of Domaniewska and Wołoska streets in Warsaw. GTC is currently constructing the fourth building at the complex.

Construction of the 11-storey Platinium Business Park V, with a lease area of 11,000 sq m will begin in April of this year. The area of a typical floor is 1,024 sq m, and each floor can be efficiently arranged into separate offices or open space.

“For several years Platinium Business Park has gained recognition from tenants and industry experts,” said GTC General Manager Piotr Kroenke. “The three existing buildings, as well as the fourth one under construction, have all been let nearly 100%, which for us is the best proof of its success. I am pleased that our projects continue to attract prominent Polish and international companies. Successful leasing of the fifth building gives us confidence to start, after obtaining building permit, construction of the sixth and last building of the complex.”

Among the tenants for Platinium Business Park V who have already signed agreements with GTC is K2 Internet, one of the leading e-marketing agencies in Poland, providing interactive and new media marketing. K2 Internet’s offices at Platinium Business Park will take up over 2,000 sq m of rental space.

„As a result of the planned expansion, associated with acquiring new clients and recruiting more specialists, we decided to enlarge the work space, in order to ensure its best comfort. Prestigious location and high quality space in the Platinium Business Park in the Mokotow Business Area, seems to be the perfect place for K2 Internet” – said Janusz Żebrowski, CEO of K2 Internet SA.

In addition to K2 Internet, Starcom will be another main tenant in Platinium Business Park V, leasing approx 2,600 sq m.

With other tenants like Saatchi & Saatchi, Communication Unlimited, Artegence, Leo Burnett, Starlink and Zenith Optimedia, Platinium Business Park has become the prestigious destination for media and advertising companies.

Platinium Business Park V will be constructed from materials that increase energy efficiency and enable maximum efficiency of heating and air conditioning systems. The building will be equipped with tilt windows, suspended floors and ceilings, an integrated lighting system, air conditioning with individual temperature controls,  full cabling and a state-of-the-art building management system. Tenants will also have 180 parking spaces at their disposal.

The design for Platinium Business Park V, prepared by the Grupa 5 Architekci studio, was developed to achieve efficient use of office space, providing tenants with noticeable savings on utilities cost, combined with pleasant and friendly working environment.

GTC targets to obtain LEED Gold certification for Platinium Business Park V in the new-build category. LEED certification is awarded only to projects meeting the highest standards set by the US Green Building Council.

The general contractor for the development will be Warbud.

Financing for the investment is being provided by Berlin LandesBank.

In addition to development of Platinium Business Park, in Warsaw GTC is currently also constructing the third building in the Okęcie Business Park complex at ul. 17 Stycznia. The Corius building, with a lease space of over 9,100 sq m, will be delivered for occupancy by the end of 2011.

GLOBE TRADE CENTRE S.A. (GTC) is one of the leading developers in the New Europe. GTC was established in 1994 in Warsaw and currently 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 centres, and residential.

GTC has developed approximately 800,000 sq m of net space and currently is the owner of completed commercial property with a combined net area of about 532,000 sq m. GTC also holds an impressive portfolio of new investments at various stages of development which will facilitate the construction of 1.7 million sq m of commercial and residential space. GTC’s total assets exceed EUR 2.7 billion.

GTC’s shares are listed on the Warsaw Stock Exchange on the prestigious WIG20 index. The company’s shares 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. GTC shares have recently been listed as well in the CECE index at the Vienna Stock Exchange. Among GTC’s shareholders are many of the biggest Polish and international institutional investors.

 

Company projects
Investor relations
Małgorzata Czaplicka
Globe Trade Centre S.A.
tel.: +48 22 606 07 10
e-mail: mczaplicka@gtc.com.pl
Małgorzata Czaplicka
Globe Trade Centre S.A.
tel.: +48 22 606 07 10
e-mail: mczaplicka@gtc.com.pl
Przemysław Polak
Advanced Public Relations
tel.: +48 22 642 10 26
mobile: +48 600 404 613
e-mail: ppolak@advancedpr.pl
Grzegorz Zybert
Everest Consulting
tel.: +48 22 839 39 49
mobile: +48 504 212 345
e-mail: g.zybert@everestconsulting.pl