ARTICLES LABELLED WITH TAG GTC

News GTC records €15 million profit despite rental revenue decrease
13
May
2021

GTC records €15 million profit despite rental revenue decrease

by Property Forum
GTC’s rental and service revenues decreased by €3.8 million to €37 million in Q1 2021 from €41 million in Q1 2020. Profit before tax and fair value adjustments for Q1 2021 reached €15 million, up from €13 million in Q1 2020. The company published its financial results for Q1 2021.
Read more >
News GTC buys two office buildings in Budapest for €160 million
28
Apr
2021

GTC buys two office buildings in Budapest for €160 million

by Property Forum
GTC has decided to boost its Hungarian portfolio again by investing €160 million in the acquisition of two office properties in Budapest, the Ericsson HQ and the Siemens Evosoft HQ, both developed by local company Wing.
Read more >
News GTC’s Belgrade buildings gets LEED certified
12
Apr
2021

GTC’s Belgrade buildings gets LEED certified

by Property Forum
In February 2021, the N3 building of GTC’s Green Heart office complex in Belgrade has obtained a LEED Gold certificate, thus finalising the certification process for the whole complex. Completed in 2020, Green Heart comprises five Class A buildings providing 46,300 sqm of office space.
Read more >
News GTC names Ziv Gigi as Managing Director in Romania
01
Apr
2021

GTC names Ziv Gigi as Managing Director in Romania

by Property Forum
Real estate investor and developer GTC has appointed Ziv Gigi as Managing Director of operations in Romania. He has more than 15 years of experience in Central and Eastern Europe-based real estate markets, developing and operating dozens of projects in the office and retail segments.  
Read more >
News GTC records €66 million operating profit in 2020
23
Mar
2021

GTC records €66 million operating profit in 2020

by Property Forum
At the end of 2020, GTC’s property portfolio reached €2.1 billion while total revenues were at €160 million. Profit before tax and fair value adjustments reached €66 million in 2020, down from €73 million in 2019. Occupancy across the whole portfolio was steady at 91% despite a very challenging environment. GTC presented its 2020 financial results.
Read more >
News GTC acquires Budapest office building
22
Mar
2021

GTC acquires Budapest office building

by Property Forum
GTC has decided to extend its Hungarian portfolio with the Váci Greens D office building in Budapest. The transaction is partially financed from the green bonds issued in 2020 and is in line with the Group strategy to invest in a sustainable portfolio of commercial buildings located in the CEE capitals.
Read more >
News All GTC buildings in Poland now with green certificates
15
Feb
2021

All GTC buildings in Poland now with green certificates

by Property Forum
GTC has been awarded the Very Good BREEAM certificate for one of its Warsaw assets, the Artico office building. Thus, the company has successfully completed the green adaptation process for all its Polish commercial assets.
Read more >
News With the vaccine, comfort will come back to the market
07
Dec
2020

With the vaccine, comfort will come back to the market

by Michał Poręcki
Top Polish developers believe that in 2021 the real estate market will normalize and the vaccine will help it shake off the pandemic effects. They discussed investment markets trends at the online edition of Property Investment Forum 2020, organised by Portfolio in partnership with Property Forum.
Read more >
News GTC issues €110 million of green bonds in Hungary
07
Dec
2020

GTC issues €110 million of green bonds in Hungary

by Property Forum
On 3 December 2020, GTC’s subsidiary, GTC Real Estate Development Hungary Zrt., issued 792 pieces of senior unsecured bonds, with the nominal value of HUF 50 million each and the total value of HUF 39.6 billion (approximately €110 million). The bonds will be fully guaranteed by GTC S.A.
Read more >
News GTC looks for new investment opportunities despite COVID-19’s impacts
02
Dec
2020

GTC looks for new investment opportunities despite COVID-19’s impacts

by Gergely Ditróy
After the first wave of the pandemic, continuous communication with tenants has proven to be more important than ever and helped landlords reach solutions in this difficult and unpredictable situation. Yovav Carmi, President of GTC Group’s Management Board and Robert Snow, Member of GTC Group’s Management Board and Chairman of GTC Hungary talked to us about COVID-19’s potential implications for the commercial real estate market and shared their expectations for the future.
Read more >

Latest news


New leases

  • RedDeer.Games, a company in the investment portfolio of the PMPG Polskie Media group, has a new office in the centre of Warsaw. The new office is located in the Wolf Zielna building and has an area of 600 sqm.
  • Popeyes will open in Posnania shopping centre on 1st of August. The Poznań restaurant will be the first outlet in Greater Poland and the seventh in Poland.
  • Tuplex is a new tenant in Multipark Bydgoszcz, where it took 1,450 sqm of warehouse and office space. The tenant was advised during the lease negotiations by Newmark Polska.

New appointments

  • Marcin Kucinski, previously Chief Operating Officer, has been appointed General Manager at Royal Tulip Warsaw Apartments, replacing Rafal Kincer, who took over as CEO of Polski Holding Hotelowy as of 15th of July 2024.
  • Anna Staniszewska has taken the position of Associate Director in the strategic consulting team at CBRE. She has many years of experience in real estate development consulting and analysis of all sectors of the property market in Poland.
  • The Management Board of Answear.com notified that on July 16, 2024, the Supervisory Board elected Wojciech Chabasiewicz as chairman and Arkadiusz Bajołek as vice-chairman of the Supervisory Board.

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

Sign up today for the latest news

I have read the Privacy Policy of International Property Network Inc. and I consent to International Property Network Inc. sending me newsletters and managing my personal data provided for this purpose.

 

Property Forum © 2017 – 2024 | Terms & conditions | Privacy policy