Globe Trade Centre S.A. (GTC) is continuing its expansion in major Polish cities.
The company has acquired land in Katowice for development of over 50,000 sqm of office and residential space.
100%-owned subsidiaries of GTC have acquired sites in the center of Katowice. The first of them, on Mikołowska Street, has an area of 2.6 hectares. The development planned for the site will include an office center or office & residential complex with a total area of over 40,000 sqm
The second site, with an area of approx. 0.7 hectare, is located on Francuska Street, near the newly constructed District Court office and close to public administration buildings and regional banking headquarters. GTC plans to construct an office building with 11,000 sqm of net space on the site.
The combined value of both transactions amounts to PLN 30 mln.
“GTC’s investment in Katowice is the next step in execution of GTC’s expansion strategy in Poland’s largest cities,” says Mariusz Kozłowski, Investor Relations Manager and Member of the Management Board of Globe Trade Centre S.A. “While increasing and diversifying our investment portfolio here in Poland, we are also at the same time dynamically developing our business on other markets of Central and Eastern Europe.”
Katowice is the seventh market for GTC in Poland, after Warsaw, Cracow, Poznań, Wrocław, Częstochowa and Łódź.