GTC secures refinancing for Kraków office complex

08
Dec
2017
News - GTC secures refinancing for Kraków office complex #GTC #Krakow #office #Poland #refinancing

by Import Sys | Office

GTC S.A. signed a €46.5 million new loan agreement with BZ WBK for refinancing of Korona Office Complex. The complex offers about 36,800 sqm GLA in Kraków.

The new loan significantly improves the financing conditions and the debt maturity profile. Korona Office Complex was constructed in 2003-2014 and underwent significant refurbishment in 2017.
 
It currently accommodates several Polish and international companies from IT, finance, BPO, consulting and other sectors. In 2016 IBM, GTC’s long-term client, signed a lease extension for the Galileo building for another 5 years and the company now occupies over 16,000 sqm GLA in the complex. In addition to IBM Business Consulting Services, office tenants include Raiffeisen Bank Polska, Scanrent, Halliburton, State Street, Genpact, Hitachi Vantara, Deloitte, and Arup



Latest news


New leases

  • XXS GYM has signed a lease for over 850 sqm of space in the modern O3 Business Campus office complex, located on Opolska Street in the northern part of Cracow.
  • Alior Bank has extended its lease at Ocean Office Park B in Kraków to accommodate its Private Banking Department. The deal, supported by brokerage firm CBRE, marks the final stage of a two-year consolidation of the bank's Kraków operations. Following the expansion, the bank occupies approximately 7,000 sqm within the Cavatina Group-owned complex.
  • TriGranit has finalized a lease extension with Mondelez Europe Services to remain in the Signum Work Station building through 2032. Facilitated by broker CBRE, the agreement secures nearly 4,000 sqm of office surface for the global snacks group member within Warsaw’s Mokotów district.

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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