24 Nov 2020
Strong earnings result despite COVID-19 impact

Q3&9M 2020 FINANCIAL HIGHLIGHTS Investment grade rating of BBB- from Scope Rating Gross margin from rental activity at €32m in Q3 (€33m in Q3 2019) and at €91m in 9M (€94m in 9M 2019), despite impact of Covid-19 amounting to €2m in Q3 and €10m in 9M Operating profit: profit before tax and fair value […]

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19 Nov 2020
Generali signs lease for Matrix B in Zagreb

Matrix B is an A-class office building which is part of GTC’s Matrix Office Park in Zagreb and is due to be completed in Q4 of 2020. Recently, both buildings of Matrix Office Park received LEED Platinum certification which is yet another confirmation of GTC’s commitment to developing sustainable buildings. The GTC Group celebrates another […]

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12 Nov 2020
GTC SA achieves investment grade rating of BBB- from Scope Ratings ahead of green bonds issuance

A German rating agency Scope Ratings has assigned a first-time issuer rating of BBB-/Stable to Globe Trade Centre S.A. and its subsidiary GTC Real Estate Development Hungary Zrt.  GTC Group  also announces green bonds issuance within the framework of the Bond Funding for Growth Scheme  launched by the National Bank of Hungary. The senior unsecured […]

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09 Nov 2020
GTC completes the sale of Spiral

GTC has sold one of its Hungarian assets, Spiral, an A-class office building with a total leasable area of 30,541 sq m. The development is located 5 minutes from the city centre next to Váci út Corridor and just a few hundred meters from Nyugati Railway Station. The leading real estate investor and developer in […]

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22 Oct 2020
Double platinum for Matrix Office Park

Two of GTC’s A-class buildings, Matrix A and Matrix B, have received LEED Platinum certification. As part of the Matrix Office Park, Building A was commissioned in Q1 2019. Building B is currently under construction and expected to be completed in the coming months. The complex is situated in a prestigious location within the Zagreb […]

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