GTC leases over 69,000 sqm across CEE in H1 2026

26
Aug
2026
News - GTC leases over 69,000 sqm across CEE in H1 2026 #Asset Disposal #Cee #GTC #Leasing #Office #Portfolio Management #Retail

by Property Forum | Report

GTC leased more than 69,000 sqm of space across its portfolio in the first half of 2026, comprising nearly 40,700 sqm of office space and nearly 28,700 sqm of retail and service space. The result surpassed the approximately 55,000 sqm leased in the same period of 2025.


In the office segment, the largest transaction was a lease renewal with a key tenant at GTC Metro in Hungary. In Poland, notable deals included a renewal with The Shire and a new agreement with the Academic Computer Centre CYFRONET AGH at Korona Office Complex in Kraków. Further afield, an international bank renewed and expanded at Advance Business Center in Sofia, while Vista Plus Offices renewed at Duna Tower in Budapest. "An important test of an office building's appeal isn't only a new lease, it's whether a tenant decides to stay longer and, often, to expand. That is why the strong share of renewals and expansions in our first-half leasing results is particularly important to us," said Ziv Gigi, Executive Director CEE Office Portfolio at GTC.

In the retail segment, the largest transactions were also renewals with established brands. At Galeria Północna in Warsaw, GTC renewed leases with New Yorker, 4F, Deichmann and Etam. At Galeria Jurajska in Częstochowa, agreements with HalfPrice and Empik were renewed, while Aurum Optics and Skechers joined the tenant mix. At Mall of Sofia, the largest transaction was a renewal with the cinema operator. "In retail, the decision to remain in a particular location for the coming years is never automatic. Brands constantly review their store networks, formats and the potential of individual locations. This is why lease renewals with tenants such as New Yorker, HalfPrice or Deichmann are particularly important to us," commented Danny Bercovich, Executive Director CEE Retail Assets at GTC.

GTC's total H1 leasing figures also include agreements finalised at Avenue Mall in Zagreb. In July, GTC sold the shopping centre to InterCapital Real Estate for approximately €100 million, one of the largest real estate transactions in Croatia in recent years, forming part of GTC's portfolio management strategy focused on divesting mature assets and strengthening the group's liquidity.




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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