ARTICLES LABELLED WITH TAG gtc

News - GTC signs green energy deal for Polish commercial projects
27
Jan
2026

GTC signs green energy deal for Polish commercial projects

by Property Forum
GTC has finalised a three-year electricity purchase agreement under a Power Purchase Agreement (PPA) structure with green energy trader Ekovoltis. As a result, all GTC office buildings and shopping centres in Poland will be powered predominantly by electricity sourced directly from renewable energy providers.
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News - GTC posts stable cash flow despite revaluation losses
01
Dec
2025

GTC posts stable cash flow despite revaluation losses

by Property Forum
GTC reported rental revenues of €152 million in the first nine months of 2025, up 9% from €139 million in the same period of 2024. The increase followed the acquisition of a residential portfolio in Germany, which contributed €18 million, partially offset by a €4 million decrease after the sale of the GTC X and Matrix C properties.
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News - Wing buys major development site in Budapest from GTC
03
Nov
2025

Wing buys major development site in Budapest from GTC

by Property Forum
Wing Group has signed an agreement with GTC to purchase a development site at 173-177 Váci Road in Budapest, covering more than 2.1 hectares. The company plans to build approximately 470 apartments and a 23,000 sqm office building as part of a mixed-use project on Hungary's largest office market area.
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News - GTC appoints new CEO to drive next strategic phase
28
Oct
2025

GTC appoints new CEO to drive next strategic phase

by Property Forum
Globe Trade Centre has announced that its Supervisory Board has appointed Botond Rencz as President of the Management Board (Chief Executive Officer), succeeding Małgorzata Czaplicka, who led the company during the bond refinancing process and will continue to provide advisory support to the Chairman of the Supervisory Board on strategic matters. The new CEO will focus on strengthening collaboration across GTC's regional teams, completing the company's planned refinancings and divestments, and driving execution of the new mid-term financial plan to ensure stability, efficiency and long-term value creation.
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News - GTC's City Gate secures LEED Gold v5 certification
15
Oct
2025

GTC's City Gate secures LEED Gold v5 certification

by Property Forum
The South Tower of City Gate in Bucharest, developed and managed by GTC, has been awarded the LEED Gold v5 certificate. This is the latest version of the world's green building standard, outlining steps towards near-zero carbon emissions, prioritizing people, and supporting building resilience. City Gate is the first property in Romania and only the fourth existing building in Europe to achieve this recognition, following projects in Italy, Spain, and Sweden.
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News - GTC prices €455 million notes to refinance debt
06
Oct
2025

GTC prices €455 million notes to refinance debt

by Property Forum
GTC has priced €455 million senior secured notes due 2030 with a coupon of 6.50% per annum. The transaction was oversubscribed and attracted international institutional investors and Polish funds, including both existing noteholders and new investors.
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News - GTC grows rental revenues by 9% in H1 2025
02
Sep
2025

GTC grows rental revenues by 9% in H1 2025

by Property Forum
GTC reported a 9% year-on-year increase in rental revenues to €101 million in the first half of 2025, supported by leasing activity across its office and retail portfolio and the contribution from its German residential assets.
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News - GTC secures €84 million refinancing for Galeria Północna in Warsaw
26
Aug
2025

GTC secures €84 million refinancing for Galeria Północna in Warsaw

by Property Forum
Real estate owner GTC has secured a refinancing loan of up to €84 million from J&T Banka for Galeria Północna, one of its landmark retail assets in Warsaw. The five-year facility will strengthen the company’s liquidity and support the acquisition of the remaining stake in its German residential portfolio, the company announced on LinkedIn.  
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News - GTC names new Management Board Members
08
Aug
2025

GTC names new Management Board Members

by Property Forum
GTC, a major investor and developer in CEE commercial real estate, has appointed three new members to its Management Board. The new executives, Jacek Bagiński, Mihály Ország, and Botond Rencz, bring extensive experience from the real estate, finance, and advisory sectors. 
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News - GTC makes major change in leadership
02
Jun
2025

GTC makes major change in leadership

by Property Forum
As of 28 May 2025, Małgorzata Czaplicka has been appointed President of the Management Board of GTC S.A. She takes over from Gyula Nagy, who served as President of the Management Board since August 2023.
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Latest news


New leases

  • Mindspace, a global operator of flexible office spaces, has signed a long-term lease agreement with Karimpol Polska for nearly 4,500 sqm of space in the Warsaw-based Skyliner II. Mindspace was advised by Gide Loyrette Nouel law firm, while Argon Legal provided legal advice to Karimpol.
  • Sygnity will take over new office space in Building B of the West Forum complex in Wrocław. The tenant, which has been present at the site for nearly 20 years, has opted to relocate within the development and sign a new long-term lease agreement. Sygnity was represented in the transaction by Patron Brokers, while BNM Real Estate serves as the exclusive agent for West Forum.
  • The M1 Zabrze shopping centre, managed by EPP, has signed new leases covering 2,500 sqm. This includes CentrumRowerowe.pl, which will occupy 2,150 sqm for a new stationary showroom. The tenant group at M1 has also been joined by Alpine Pro, Świat Książki, and Wakacje.pl.

New appointments

  • CTP Romania has appointed Diane-Monique Forrest as Business Developer. She will focus on leasing activities in Transylvania, covering key cities such as Timișoara, Arad, Sibiu, and Deva.
  • iO Partners has announced the appointment of Róbert Cesnek as Head of Capital Markets in Slovakia, effective from January 2026. In his new role, he will focus on further strengthening market presence, advising clients on complex investment decisions and delivering high-impact transactions across asset classes.
  • Mateusz Sobczak has joined Scallier’s operations in Poland as Project Manager within the Development Department. Sobczak is an experienced engineer with 15 years of professional practice in project management within the commercial real estate sector. Throughout his career to date, he has collaborated with leading logistics developers, including the MLP Group and 7R.

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