• GTC Hungary voted the Developer of the Year in CIJ Awards

• Robert Snow, GTC’s Hungary CEO, honoured with his second CEE CIJ Personality of the Year Award

GTC Hungary – a subsidiary of Globe Trade Centre S.A. – has been voted Developer of the Year 2010 in Hungary in CEE Construction & Investment Journal (CEE CIJ) Awards. The jury has also honoured GTC’s Hungary CEO, Robert Snow with the Hungary’s Personality of the Year Award.

An independent jury comprising renowned specialists from real estate, construction and finance, has honoured GTC Hungary for its consistent and high quality projects as well as for its impressive mix of vision, pragmatism and readiness for the future.

GTC Hungary is the leading developer in the country, with more than 170,000 square meters of excellent quality office and residential space developed in Budapest to date. Its portfolio of completed projects includes i.e. Center Point (the largest “A” category office building in Budapest, offering 41,000 sqm office space), GTC Metro office building (16,000 sqm fully occupied by Budapest Bank – a subsidiary of GE Capital) or Spiral complex (a multi-functional mix of 32,000 sqm of Class A office and retail area), as well as prestigious residential developments including Riverside and Riverloft Residences or Sasad Resort.

The CEE CIJ Personality of the Year Award for the 2nd time in the history of the contest went to Robert Snow, the CEO of GTC Hungary. “It is a great evening for GTC Hungary. The “Developer of the Year” award that we have received still has a very special meaning these days. Moreover, I had the privilege of receiving a prize awarded to me by the profession for operations I find pride and satisfaction in performing. I would like to thank all GTC Hungary employees for their work and devotion and to our partners and shareholders for their support, trust and motivation” – said Robert Snow at the gala.

Robert Snow has more than 20 years of development experience in Central and Eastern Europe. Since 2000 Robert Snow is responsible for GTC’s real estate and development activities in the Hungarian and Serbian markets. He leads a development team in the site acquisition, project development, leasing and sales of a diverse range of commercial office buildings and residential projects in these markets.

The CEE CIJ Awards were awarded at a gala held on 2 December at the InterContinental Hotel in Budapest. This year’s CEE CIJ gala was the 6th in the history of the contest.

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 800,000 sq m of net space and currently is the owner of completed commercial property with a combined net area of about 523,000 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 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. Among GTC’s shareholders are many of the biggest Polish and international institutional investors.

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