• Construction work at the next stage of Osiedle Konstancja has begun in March this year

• A total of 37 houses, ranging from 215 sqm to 310 sqm of area each, will be constructed till June 2011

In march this year, Globe Trade Centre S.A. (GTC) has commenced construction work at the 5th stage of Osiedle Konstancja. 37 luxurious single-family and semi-detached houses are planned to be put into commission in Konstancin near Warsaw in June 2011.

Osiedle Konstancja, a housing estate located by the entrance route to Konstancin-Jeziorna, approx. 16 km from the centre of Warsaw, is one of the most prestigious residential investments in Poland. The execution of the project started in 1999. It was the first luxury home and residence estate to be erected near Warsaw. Within the four stages that have been completed so far, GTC erected a total of 243 residences, single-family houses and semi-detached houses. In March this year, the last (5th) stage of construction has been commenced; it is located in the southern area of the estate, by the alleyway named after Stanislaw Lem and along Danuta Rinn and Marek Grechuta streets.

The plan of the 5th stage of Osiedle Konstancja has been drawn up by dip Biuro Projektów architectural studio that also worked on the second and third stage of the investment. The architects have planned to include many solutions inspired by the latest trends in interior design, such as use of manually formed bricks and finishing facades with sandstone. The elegant and perfectly illuminated interiors of the house were designed with the highest concern for the comfort of living of the future residents in mind. The structure of the buildings provides for adapting them to the individual needs of the residents, while the houses themselves fit perfectly into the surrounding green areas. One of the components of the unique atmosphere of Osiedle Konstancja is also the network of spacious streets and recreational areas – gardens and the a park (along with a playground and courts) located in the central area. The vicinity of commercial centres such as Stara Papiernia or the neighboring American School are some of the additional assets of Osiedle Konstancja. Safety of the residents is provided with the help of a 24/7 security service and thermographic cameras.

„With the design of houses comprising both: our experience and suggestions by residents from the previous stages, the houses of the fifth stage are close to our clients’ idea of the perfect family home” – says Piotr Kroenke, GTC’s General Director.

In its 5th stage, Osiedle Konstancja will be expanded by 37 two-storey semi-detached and single-family houses with areas from of 215 sqm to 310 sqm located on plots ranging from 510 sqm to 1640 sqm.

The general contractor for the 5th stage of Osiedle Konstancja is Budner.

Prices of 5th stage semi-detached houses (areas between 215 sqm and 255 sqm) vary from PLN 2 300 000 to 3 000 000. Prices of single-family houses (areas between 280 sqm and 310 sqm) fall between PLN 3 700 000 and 3 900 000. The sale of houses from the 5th stage of Osiedle Konstancja has already begun.

Throughout the recent years, Osiedle Konstancja has been repeatedly commended by specialists from the field of construction and real estate development. The investment has been granted, among others, the CEE Real Estate Quality Award for the best residential project. Osiedle Konstancja is also the laureate of the “Crystal Apartments” prize in the category of the most luxurious residential investments in the Mazovia region, awarded by the “Apartamenty i Mieszkania” magazine.

GLOBE TRADE CENTRE S.A. (GTC S.A.) is one of the leading developers in the New Europe and was established in 1994 in Warsaw. Currently it operates in Poland, Hungary, the Czech Republic, Romania, Serbia, Croatia, Slovakia, Bulgaria, Russia and Ukraine.

GTC develops projects and manages completed properties in three key sectors of real estate: office buildings and parks, retail and entertainment centers and residential sector.

GTC has developed about 750 000 sqm of net space and currently is the owner of completed commercial property with a combined net area of about 455 000 sqm. GTC also holds an impressive portfolio of investment at various stages of development which will facilitate the construction of 1.8 million sqm of commercial and residential space. GTC’s total assets exceed EUR 2.6 billion.

GTC’s shares are listed on the Warsaw Stock Exchange on the prestigious WIG20 index. The company’s assets are also included in the international MSCI index and Dow Jones STOXX Eastern Europe 300 index, as well as the GPR250 index which comprises the 250 biggest and most liquid real estate companies of the world. Among GTC’s shareholders are many of the biggest Polish and international institutional investors.

Globe Trade Centre S.A.

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

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