GTC to build high-rise office building in Budapest

26
Jun
2018
News - GTC to build high-rise office building in Budapest #Budapest #development #GTC #Hungary #office

by Property Forum | Office

GTC is preparing to build another office building in the Hungarian capital, The Twist – Budapest City Tower. The developer recently obtained the building permit. The new project is located in the 13th district in Budapest, next to the Árpád híd metro station.


The Twist – Budapest City Tower will be a 23-floor tower of 37,000 sqm GLA, with direct metro access.
 
“GTC is taking advantage of the high demand for modern office space in Budapest and we are proud to be one of the leading developers bringing new office space to the market. The Twist with its brilliant architecture on its very unique location will certainly become a landmark building on the business map of Budapest. The construction permit for it is an important milestone of our operations in Hungary,” added Thomas Kurzmann, GTC’s CEO.



Latest news


New leases

  • International logistics operator Logfret has leased nearly 4,900 sqm of warehouse and office space at the Segro Logistics Park Warsaw, Nadarzyn. The transaction was advised by Axi Immo.
  • Prologis has leased 2,200 sqm at Prologis Park Prague-Rudná to BattSwap. The tenant will utilize the space for assembly, storage, and office operations.
  • Banca Transilvania has renewed its lease for 1,200 sqm in AFI Park Timișoara, in a deal brokered by Cushman & Wakefield Echinox.

New appointments

  • 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.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.


Latest news

News - Harden Construction starts logistics centre development for Raben in Sosnowiec
16
Jun
2026

Harden Construction starts logistics centre development for Raben in Sosnowiec

by Property Forum
General contractor Harden Construction has started building a logistics centre in Sosnowiec for the Raben Group, one of Europe's logistics companies, with completion scheduled for Q1 2027.
Read more >
News - Passerinvest Group aims to deliver new Prague offices in H1 2028
16
Jun
2026

Passerinvest Group aims to deliver new Prague offices in H1 2028

by Property Forum
Passerinvest Group, in partnership with the GEMO group, has advanced construction on the Sequoia development in Prague, with final completion scheduled for H1 2028. Gemo is also serving as the general contractor for the project.
Read more >
News - Penta Real Estate names new CEO amid international expansion
16
Jun
2026

Penta Real Estate names new CEO amid international expansion

by Property Forum
Central European developer Penta Real Estate has transitioned into an international platform following its expansion into the London market, prompting an update of its executive leadership.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy