10 Dec 2019
GTC’s Moderna brings back Katowice spirit

GTC received building permit for Moderna – its newest office development in the heart of Katowice. The project will offer 18,315 sq. m of lettable office space over 5 floors and 354 underground parking places. The building is designed to meet LEED Gold certification. GTC – the leading developer in the CEE region – has just […]

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14 Nov 2019
Successful leasing contributes to value and FFO growth

9M 2019 FINANCIAL HIGHLIGHTS In-place rent increased to €144m; like-for-like in-place rent increased by €4.1m and new assets contributed €16.5m Gross margin from rental activity up by 13% to €94m (€83 in 9M 2018) FFO I increased 11% to €52m (€46m in 9M 2018), FFO per share at €0.11 Operating profit: 10% increase in profit before […]

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23 Oct 2019
Office transaction of the year: GTC Pillar to house ExxonMobil

The GTC Pillar is A-class office building just off the popular Váci Office Corridor in Budapest that will comprise 29,000 sq. m of lettable space. The facility is nearly 95% leased, while still under construction, which is a remarkable result on the Hungarian market. The GTC Pillar office building is due for deployment in early […]

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22 Aug 2019
Development contributes to FFO upswing

H1 2019 FINANCIAL HIGHLIGHTS In-place rent increased 14% to €142m (€125m as of 30 June 2018) Gross margin from rental activity up by 13% to €61m (€54 in H1 2018) FFO I increased 28% to €37m (€29m in H1 2018), FFO per share at €0.08 Operating profit: 17% increase in profit before tax and fair […]

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12 Aug 2019
Galeria Jurajska proves its ecological excellence

GTC’s Galeria Jurajska was granted BREEAM certificate at the “Excellent” level The shopping mall is a landmark retail project in the Częstochowa’s region comprising 48,700 sq. m The facility is nearly 100% leased, which is a rare result on the Silesian market Galeria Jurajska continues to record growing turnover – 7% on average in H1 […]

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