01 Jun 2021
For people and the environment: GTC publishes its first-ever ESG report

Globe Trade Centre has presented its first-ever ESG report, summarizing the Group’s achievements during 25 years across its six markets. The 2020 report presents industry-unique data on GTC’s engagement in sustainable development, responsible construction and asset management, collaboration with local communities and responding to stakeholders’ expectations. GTC is the first among commercial developers to present […]

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27 May 2021
Revitalization at (Green) Heart: GTC’s with BigSEE Award

Green Heart, a unique example of best practices in sustainable and responsible development, has received the BigSEE Interior Design Award. Created together with KDA Architects, the Green Heart stands out for its clear, minimalistic concept, inspired by nature and timeless design. The award recognizes the groundbreaking revitalization that GTC has done to make Green Heart […]

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24 May 2021
Landmark transaction in Serbia: GTC sells office portfolio to Indotek Group

GTC has signed a sale and purchase agreement for the sale of its standing office portfolio in Belgrade. The transaction concerning 11 buildings in 5 projects of total 122,175 sq m will be closed in Q3 2021. The sale price is 267.6 mln euro, 2 mln euro above the book value. Globe Trade Centre has […]

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19 May 2021
Growing stronger: Eszter Salamon joins GTC as Transactions Director

As Transactions Director, Eszter Salamon will be responsible for real estate transactions across all GTC markets. Eszter’s appointment will foster the successful completion of upcoming high-volume transactions on CEE markets. GTC has appointed Eszter Salamon to the position of Transactions Director. Her outstanding in-depth sector knowledge and profound experience in real estate and financial operations […]

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13 May 2021
Results still under the COVID-19 impact but leasing activity comes back in both retail and office sectors

Q1 2021 FINANCIAL HIGHLIGHTS Gross margin from rental activity at €27m (€30m in Q1 2020), despite €2.4m impact of COVID-19 in Q1 2021 (€4.5m impact to pre-COVID levels of Q1 2019) Operating profit: profit before tax and fair value adjustments at €15m (€13m in Q1 2020) FFO strong at €14m (€18m in Q1 2020), FFO […]

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