The Osiedle Konstancja residential estate (2nd phase), constructed by Globe Trade Centre S.A., has been awarded as the best housing investment of Central and Eastern Europe 2006 in the CEE Real Estate Quality Award contest.

Globe Trade Centre S.A. has obtained the CEE Real Estate Quality Award for the second phase of the Osiedle Konstancja residential estate – the prestigious housing estate now under development in Konstancin Jeziorna.

The Quality Awards gala was traditionally held in Warsaw’s InterContinental hotel. Representatives of the real estate sector from 10 Central and Eastern European countries and visitors from all over the world attended this outstanding event.

GTC SA Director General Piotr Kroenke accepted the award on GTC’s behalf. The best projects of the year 2006 were voted on by a 13-member jury with renowned experts of the real estate sector of Central and Eastern Europe.

The winning Osiedle Konstancja residential estate is one of the most prestigious housing investments in Warsaw. Osiedle Konstancja is situated in an attractive area in the town of Konstancin Jeziorna near Warsaw and it is adjacent to the exclusive American School, on the way linking Warsaw with Konstancin. The second phase was designed by dip Dziuba i Pasternak architectural lab and it entails 74 housing units. The whole second phase of Osiedle Konstancja has been sold and currently construction works are underway on the estate’s third phase. The developer has already started work on two new phases of the investment.

The third phase of Osiedle Konstancja will involve the construction of 36 modern single-family and semi-detached homes with spacious gardens and terraces. The deadline for the homes to be opened is January 2008.

For more information about Osiedle Konstancja see

Globe Trade Centre S.A.

KOR 45A, 02-146 Warsaw NIP: 527-00-25-113 T: +48 22 16 60 700

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