DS Smith and GTC S.A. extend their cooperation until 2018

Globe Trade Centre S.A. (GTC), the leading developer of commercial real estate in Central, Eastern and Southern Europe, has signed an agreement with DS Smith Poland S.A. (DS Smith). The company extended its lease of office space in Corius building, a part of GTC’s Okecie Business Park in Warsaw, Poland, until 2018.

DS Smith, one of the leading packaging companies in Europe, offers complex logistics and packaging solutions. The company is a part of a London stock exchange listed international holding, operating on 25 markets. According to signed agreement, DS Smith will remain in Corius building, part of Okecie Business Park in Warsaw, until at least 2018.

 

Okecie Business Park is located in close proximity of Warsaw’s International Frederic Chopin Airport. This makes GTC’s office complex, one of the most attractive locations in Poland for tenants seeking efficient logistics and fast travel connections with destinations in Europe and worldwide. Other tenants in Corius building include companies such as: Polskie Porty Lotnicze (Polish Airports), EGIS, Pandora Jewelry and Polish Border Guard.

 

‘By extending the lease in Corius building, DS Smith has acknowledged its satisfaction with quality of GTC’s services. We are proud that, DS Smith has chosen GTC building from wide variety of offerings on Warsaw’s office market’– said Katarzyna Pankiewicz, GTC Leasing Director.

 

***

 

GLOBE TRADE CENTRE S.A. (GTC) is one of the leading developers in Central, Eastern and Southern Europe. The company was established in 1994 in Warsaw, Poland. Currently GTC 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. To date, GTC has developed approximately 950,000 sq m of net commercial and 300,000 sq m of residential spaces. The company currently manages a combined 602,000 net sq m of completed and operational commercial space (of which the Group’s proportional interest amounts to 548 thousand sq m). GTC also holds an impressive portfolio of investment projects at various stages of development. Those will facilitate the construction of 1.1 million sq m of commercial space and 615,000 sq m of residential space. GTC S.A.’s total assets exceed EUR 1,9 billion. GTC S.A. is listed on the Warsaw Stock Exchange on the prestigious WIG20 and WIG30 indexes. The company’s shares are also included in the international Dow Jones STOXX Eastern Europe 300 and the GPR250 index, which comprises the 250 biggest and most liquid real estate companies of the world. Also, GTC S.A. is listed on the FTSE EPRA/NAREIT Emerging Index. GTC S.A.’s shareholders include many of the biggest Polish and international institutional investors.

 

BDO extends office lease in Globis Wroclaw until 2018

Globe Trade Centre S.A. (GTC), the leading developer of commercial properties in Central, Eastern and South-Eastern Europe, has signed an agreement with BDO Sp. z o. o. (BDO) on extension of the office space lease in the Globis building in Wroclaw for the next five years.

BDO, an international audit company, is one of the first such businesses to enter the Polish market in early 1990s. Among others, BDO works for enterprises listed on the acclaimed ‘List of 500’, an annual ranking of the largest Polish enterprises published by the ‘Rzeczpospolita’ daily. BDO’s client list features – financial institutions, investment funds and companies listed on the Warsaw Stock Exchange. Under the agreement signed with GTC BDO will remain in the Globis Wroclaw office building at least until 2018.

‘Extending the office lease agreement with BDO proves an exceptional quality of offices built and managed by GTC. We are consequently strengthening our position on the commercial real estate market. Confidence in GTC, shown by customers extending their lease agreements, ensures us in our strategy when it comes to current needs of the market and, more importantly, our tenants’ – said Katarzyna Pankiewicz, GTC Leasing Director.

 

Globis Wroclaw office building is located in the very heart of Wroclaw. Completed in 2008, it offers a total of 14,500 square meters of A-class office space. Current tenants include companies such as: Medicover, HP, Raiffeisen Bank and Provident.
***
GLOBE TRADE CENTRE S.A. (GTC) is one of the leading developers in Central, Eastern and Southern Europe. The company was established in 1994 in Warsaw, Poland. Currently GTC 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. To date, GTC has developed approximately 950,000 sq m of net commercial and 300,000 sq m of residential spaces. The company currently manages a combined 602,000 net sq m of completed and operational commercial space (of which the Group’s proportional interest amounts to 548 thousand sq m). GTC also holds an impressive portfolio of investment projects at various stages of development. Those will facilitate the construction of 1.1 million sq m of commercial space and 615,000 sq m of residential space. GTC S.A.’s total assets exceed EUR 1.9 billion. GTC S.A. is listed on the Warsaw Stock Exchange on the prestigious WIG20 index. The company’s shares are also included in the international Dow Jones STOXX Eastern Europe 300 and the GPR250 index, which comprises the 250 biggest and most liquid real estate companies of the world. Also, GTC S.A. is listed on the FTSE EPRA/NAREIT Emerging Index. GTC S.A.’s shareholders include many of the biggest Polish and international institutional investors.

 

GTC provided financial support for annual Wilanow Days

Globe Trade Centre S.A. (GTC), the leading developer of commercial properties in Central, Eastern and South-Eastern Europe as well as the investor of planned Galeria Wilanow, has actively supported this year’s celebration of annual days of Warsaw’s Wilanow district, where its Galeria Wilanow shopping mall will be located.

 

GTC, who owns the land plot located at Pola Wilanowskie, between Przyczolkowa, Klimczaka and Branickiego streets, where Galeria Wilanow will be constructed, provided organizers of Wilanow Days celebrations with financial support.

“We try to take an active part in the life of the local community. This is because GTC is now one of the members of the community as a result of planned investment in that district. At GTC, we enjoy getting out from behind our office desks and talking directly to the people of Wilanow. Consequently, we understand how important it is for them to identify themselves with their own district and take part in its celebrations. Therefore, we decided to provide the event with substantial financial support” – said Piotr Kroenke, General Director and Member of GTC Management Board.

The weekend of 14th and 15th of September marked the culmination end of the week long Wilanow Days. Local residents, as well as visitors from other parts of Warsaw, participated in many activities prepared by organizers, including balloon flights and special military parade, which took place in the exact area where Galeria Wilanow mall will be built in the near future.

 

***

 

GLOBE TRADE CENTRE S.A. (GTC) is one of the leading developers in Central, Eastern andSouthern Europe. The company was established in1994 inWarsaw,Poland. Currently GTC 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. To date, GTC has developed approximately 950,000 sq m of net commercial and 300,000 sq m of residential spaces. The company currently manages a combined 602,000 net sq m of completed and operational commercial space (of which the Group’s proportional interest amounts to 548 thousand sq m). GTC also holds an impressive portfolio of investment projects at various stages of development. Those will facilitate the construction of 1.1 million sq m of commercial space and 615,000 sq m of residential space. GTCS.A.’s total assets exceed EUR 1.9 billion. GTC S.A. is listed on the Warsaw Stock Exchange on the prestigious WIG20 index. The company’s shares are also included in the international Dow Jones STOXX Eastern Europe 300 and the GPR250 index, which comprises the 250 biggest and most liquid real estate companies of the world. Also, GTCS.A.is listed on the FTSE EPRA/NAREIT Emerging Index. GTCS.A.’s shareholders include many of the biggest Polish and international institutional investors.

Reserved and LPP brands along with Cinema City cinemas in expected Wilanow and Bialoleka malls

Globe Trade Centre S.A. (GTC), the leading developer of commercial real estate in Central, Eastern and Southern Europe, has signed letters of intent with the LPP S.A. and Cinema City International on leasing in total over 16.7 thousand sq m of retail space in the latest shopping malls expected to be built in Warsaw.

 

Both projects, Galeria Wilanow and Galeria Bialoleka, have been increasingly popular with prospective tenants. Cinema City International, the largest cinema operator in Central and Eastern Europe and Israel, as well as the third biggest cinema network in Europe,  has reached an initial agreement with GTC on renting more than 4 000 sq m in Galeria Wilanow and more than 3 300 sq m in the Galeria Bialoleka.

“A 12-screen cinema will be built in the Galeria Wilanow. On the other side of Warsaw, Galeria Bialoleka will benefit from the Cinema City multiplex with 11 screens”- said Jacek Wachowicz, member of GTC’s Management Board.

 

The company has also reached an agreement with LPP S.A. (LPP), Poland’s biggest clothing company and owner of popular brands and chain stores such as: Reserved, House, Cropp, Mohito, a newly introduced and successful brand Sinsay as well as Home&You, a brand of popular house decoration stores. LPP will rent over 4 600 sq m in Galeria Wilanow and over 4 700 sq m in Galeria Bialoleka. Reserved’s flag stores will be located in both of the shopping malls.

 

“We are extremely pleased with the agreements with LPP and Cinema City. An interest of such important tenants, who offer both shopping and entertainment is one of the main factors which attracts customers to shopping malls. It goes without saying that it also proves validity of our decisions in terms of planned investments’ location. Signing letters of intent with LPP and Cinema City is important for us, as we are talking with other key potential tenants interested in retailing in our two future malls.”- added Jacek Wachowicz.

Jones Lang LaSalle, a company that regularly works with GTC, provided advisory services during talks with the LPP.

 

Both projects, Galeria Wilanow and Galeria Białołęka are at the final stage of the conceptual work prior to commencing construction works. GTC estimates that Galeria Bialoleka will open its doors in 2015, and Galeria Wilanow in 2016.

 

***

 

GLOBE TRADE CENTRE S.A. (GTC) is one of the leading developers in Central, Eastern and Southern Europe. The company was established in 1994 in Warsaw, Poland. Currently GTC 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. To date, GTC has developed approximately 950,000 sq m of net commercial and 300,000 sq m of residential spaces. The company currently manages a combined 602,000 net sq m of completed and operational commercial space (of which the Group’s proportional interest amounts to 548 thousand sq m). GTC also holds an impressive portfolio of investment projects at various stages of development. Those will facilitate the construction of 1.1 million sq m of commercial space and 615,000 sq m of residential space. GTC S.A.’s total assets exceed EUR 1.9 billion. GTC S.A. is listed on the Warsaw Stock Exchange on the prestigious WIG20 index. The company’s shares are also included in the international Dow Jones STOXX Eastern Europe 300 and the GPR250 index, which comprises the 250 biggest and most liquid real estate companies of the world. Also, GTCS.A. is listed on the FTSE EPRA/NAREIT Emerging Index. GTC S.A.’s shareholders include many of the biggest Polish and international institutional investors.

Samsung Electronics increases leased space at the University Business Park building

Globe Trade Centre SA (GTC) has signed an agreement under which Samsung Electronics Poland has increased its rented office space in the University Business Park building in Lodz, Poland.

 

Samsung Electronics is the global leader in developing new technologies, telecommunications and consumer electronics. Company has increased its office space in city of Lodz by more than 737 square meters. In total, the company leases 1 850 square meters of gross office space. Samsung Electronics Poland will remain in the Lodz office building at least until 2018.

University Business Park is a modern A class office building completed in 2010. It offers a total of 18 500 square meters of accessible space. In addition to Samsung Electronics Poland, companies such as Accenture (1 700 square meters), Mobica (1 200 square meters) and PKP Polish State Railways (over 900 square meters) are housed in the seven-story office tower. Not only modern, but also beautifully located, right in the city center – by the Wolczanska 178 street, close to Lodz University, Manufaktura shopping mall and Atlas Arena sports and entertainment venue, the office building is enjoying continuing popularity among tenants.

***

GLOBE TRADE CENTRE S.A. (GTC) is one of the leading developers in Central, Eastern and Southern Europe. The company was established in 1994 in Warsaw, Poland. Currently GTC 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. To date, GTC has developed approximately 950,000 sq m of net commercial and 300,000 sq m of residential spaces. The company currently manages a combined 602,000 net sq m of completed and operational commercial space (of which the Group’s proportional interest amounts to 548 thousand sq m). GTC also holds an impressive portfolio of investment projects at various stages of development. Those will facilitate the construction of 1.1 million sq m of commercial space and 615,000 sq m of residential space. GTC S.A.’s total assets exceed EUR 1.9 billion. GTC S.A. is listed on the Warsaw Stock Exchange on the prestigious WIG20 index. The company’s shares are also included in the international Dow Jones STOXX Eastern Europe 300 and the GPR250 index, which comprises the 250 biggest and most liquid real estate companies of the world. Also, GTS S.A. is listed on the FTSE EPRA/NAREIT Emerging Index. GTC S.A.’s shareholders include many of the biggest Polish and international institutional investors.