Globe Trade Centre S.A. (GTC), the leading developer of commercial properties in the Central, Eastern and South-Eastern Europe, has signed an agreement with Provident Poland S.A. extending the lease of office space in the Globis Wroclaw building has been extended for five years.
Provident Poland S.A. part of the IPF International group, is one of the largest financial institutions and market leader in cash loans in Poland. Provident rents over 500 square meters of office space from GTC. Under the agreement signed with GTC Provident will remain in Globis Wroclaw office building at least until year 2018.
“Signing an agreement extending the lease is a demonstration of Provident’s satisfaction with the quality of offices built and managed by GTC. Provident’s trust and confidence, is a source of satisfaction and confirms the position that GTC has on the office market in Poland “- said Jacek Wachowicz, the Director of Leasing and Sales, Member of the Board of the GTC .
Globis Wroclaw is located in the city centre of Wroclaw, Lower Silesia region capital. Completed in 2008, it offers a total of 14 500 square meters of A-class office space to its tenants. Current office tenants include companies such as: Medicover, HP and Raiffeisen Bank.
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 centers 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.