GTC leases over 150,000 sqm of commercial space across CEE in 2025

31
Mar
2026
News - GTC leases over 150,000 sqm of commercial space across CEE in 2025 #Ada Mall #Advance Business Center #Belgrade #Botond Rencz #Bucharest #Budapest #Bulgaria #CEE #City Gate #Francuska Office Center #Galeria Jurajska #Galeria Północna #GTC #Hungary #Katowice #Leasing #Poland #Report #Romania #Serbia #Sofia #V188 #Warsaw

by Property Forum | Report

Real estate investor GTC has leased over 150,000 sqm of commercial space in 2025 across 30 office complexes and six shopping centres in CEE.


The company leased over 100,000 sqm of office space and more than 50,000 sqm of retail space across seven cities in Poland, as well as in Bucharest, Budapest, Belgrade, Sofia and Zagreb.

"In most of the markets where we operate, including Hungary, Romania, Bulgaria and Serbia, we leased more space than in the previous year, further confirming our ability to strengthen GTC's position across different asset classes and diverse local market conditions," said Botond Rencz, CEO of GTC Group.

Among the office leasing transactions in 2025 were lease renewals with companies occupying approximately 12,000 sqm at City Gate in Bucharest, over 10,000 sqm at Advance Business Center in Sofia, 5,000 sqm at V188 in Budapest and 4,000 sqm at Francuska Office Center in Katowice. The new lease was signed with Uniqa for over 6,000 sqm in Centerpoint 3, currently under development in Budapest's business district.

In the retail segment in Poland, GTC signed new and renewed leases for a total of 31,800 sqm at Galeria Północna in Warsaw and Galeria Jurajska in Częstochowa. In Ada Mall in Belgrade, 9,100 sqm was leased, while Avenue Mall in Zagreb saw over 7,600 sqm of leasing activity, and Mall of Sofia recorded 1,400 sqm.




Latest news


New leases

  • Vastint Romania secured its first tenant for Bucharest-based Timpuri Noi Square Phase 2, signing SCOR for 3,250 sqm. The transaction, brokered by CBRE, facilitates SCOR’s expansion within Vastint’s local portfolio. The company has previously leased 2,320 sqm in Business Garden Bucharest.
  • EVO Properties has named Alexandru Marin as the new Property Manager for the London and Oslo office buildings in Bucharest. He brings over 15 years of property management experience.
  • IF&B Mille Sapori, the importer and distributor of Italian food products in Poland, has leased 4,118 sqm in the MLP Pruszków II complex. The lease deal was brokered by Coldwell Banker Commercial.

New appointments

  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.


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