ARTICLES LABELLED WITH TAG GTC

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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News Scandal deepens around GTC's owner in Hungary
25
Mar
2025

Scandal deepens around GTC's owner in Hungary

by Property Forum
Shares in real estate company GTC were down 8% to PLN 3.99 on the Warsaw Stock Exchange since March 19, while the yield on its euro-denominated bond rose to 13% following financial issues related to its parent company, Optima Befektetesi Zrt.
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News GTC extends project loan for shopping centre in Poland
28
Feb
2025

GTC extends project loan for shopping centre in Poland

by Property Forum
GTC has announced financing extension for Galeria Jurajska shopping centre in Częstochowa (southern Poland). The amended credit agreement extends the loan maturity by 5 years, with a remaining balance of €100.65 million. The financing is provided by Erste Group Bank AG and Raiffeisenlandesbank Niederösterreich-Wien AG.
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News GTC sells office building in Belgrade for €52 million
24
Feb
2025

GTC sells office building in Belgrade for €52 million

by Property Forum
GTC has announced the sale of its GTC X office building in Belgrade for €52 million. The transaction, finalized in early February, generated net proceeds of €24 million for GTC after the repayment of a bank loan.
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News GTC Poland reports 13% increase in turnover
17
Feb
2025

GTC Poland reports 13% increase in turnover

by Property Forum
GTC has summarized its performance in Poland in 2024. The company achieved satisfactory results in the commercial sector, leasing 93,000 sqm, marking the best performance of the last decade. GTC's shopping centres also reported equally good operational results - tenant-generated turnover increased by 13% year-on-year, while the number of visitors exceeded 13 million.
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News GTC & Numa Group launch first project in Hungary
04
Feb
2025

GTC & Numa Group launch first project in Hungary

by Property Forum
Digital hospitality platform Numa Group and GTC have announced their launch in Hungary with a flagship property in central Budapest. 
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News GTC sells two assets in Poland and Croatia
04
Feb
2025

GTC sells two assets in Poland and Croatia

by Property Forum
GTC has raised €82 million from the sale of two assets in Poland and Croatia as part of a strategy designed to strengthen its financial position.  
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Latest news


New leases

  • The Embassy of the Republic of the Philippines has moved to Bucharest-based SkyTower, operating out of a 580 sqm space under a 5-year lease agreement. The building also hosts the Embassy of the Republic of Korea in Romania.
  • De Heus, a producer of animal feed, which has built a strong presence in the Polish market, has leased 7,050 sqm of warehouse and office space at GLP Łódź III Logistics Centre. This is the first Class A warehouse of De Heus in Poland. The tenant was advised by specialists from Newmark Polska during the search for the right space and throughout the lease negotiations.
  • Endava has leased an additional 2,400 sqm in the UBC 1 building, part of the Palas Iași mixed-use complex owned by Iulius. This expansion brings its total office area to 5,500 sqm.

New appointments

  • MLP Group strengthened its management structures. Maciej Müldner, a manager with over 30 years of experience in finance at international corporations and banks, joins the Management Board. He will be responsible for further strengthening the Group’s financial position.
  • Indotek Group has welcomed Viktor Nagy, who joined us in September as Head of Non-Retail Sales. With more than 20 years of experience in the real estate sector, Viktor has held leadership positions at international companies such as Immofinanz, EHL Real Estate Hungary and Atlas Estates. In his new role, he will be responsible for further developing our non-retail sales strategy and strengthening international relations.
  • Paweł Reszczyński has been promoted to Land Development Director and will be responsible for coordinating land acquisition and investment processes for new logistics and industrial projects. Developing the land bank remains a key pillar of MLP Group's long-term expansion strategy.

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