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.