2019 FINANCIAL HIGHLIGHTS In-place rent went up 12% to €145m Gross margin from rental activity up by 15% to €128m FFO I increased 14% to €70m, FFO per share at €0.14 Operating profit: 13% increase in profit before tax and fair value adjustments to €73m Profit after tax of €75m, earnings per share of €0.15 […]

GTC has refinanced Galeria Jurajska with a 5-year loan at attractive conditions.  The asset maintains full occupancy and it is a focal point in its region.  GTC signed a refinancing loan agreement for one of the largest assets in its portfolio, Galeria Jurajska. Celebrating its 10th anniversary in 2019, Galeria Jurajska is one of the brightest points on Silesian retail map, offering over 200 stores, service points, restaurants and multi-screen cinema placed on 48,700 […]

The GTC Advance Business Center II is A-class office located in a vibrant business district in Sofia, Bulgaria The facility will comprise ten office floors with a total area of 17,000 sq m. Advance Business Center is due for deployment in Q4 of 2020. GTC Bulgaria has signed an agreement with World Bank for lease […]

Sale of Neptun Office Center generates free cash after value creation via right acquisition strategy and professional asset management This transaction proves effectiveness of our strategy set back in 2015 GTC completed the sale of Neptun Office Center. Neptun has been in GTC’s portfolio since 2016, when the developer acquired this property as a part […]

GTC received building permit for Moderna – its newest office development in the heart of Katowice. The project will offer 18,315 sq. m of lettable office space over 5 floors and 354 underground parking places. The building is designed to meet LEED Gold certification. GTC – the leading developer in the CEE region – has just […]