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.

 

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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.

 

Globe Trade Centre S.A.

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