ARTICLES LABELLED WITH TAG GTC

News GTC reports hefty profits in Q2 2024
22
Aug
2024

GTC reports hefty profits in Q2 2024

by Property Forum
GTC Group has announced a consolidated net profit of €21.2 million for the second quarter of 2024, marking a significant turnaround from the €23.2 million loss reported during the same period last year. The company’s net profit from operations reached €33.5 million -  a also a significant improvement compared to the €20.9 million loss recorded y-to-y.
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News GTC presents strong office results in Poland
26
Jul
2024

GTC presents strong office results in Poland

by Property Forum
GTC has presented the summary of its activities in Poland in the first half of 2024. Over 35,400 sqm of office space was leased across ten buildings in Poland's largest cities. GTC’s properties attracted 14 new partners, and 18 companies chose to extend their leases.
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News GTC posts €9.3 million consolidated net profit in Q1 2024
28
May
2024

GTC posts €9.3 million consolidated net profit in Q1 2024

by Property Forum
GTC posted €9.3 million consolidated net profit attributable to shareholders of the parent company in Q1 2024 against €11.2 million profit a year earlier, the company announced.
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News Coworking operator betahaus enters Romania
21
Feb
2024

Coworking operator betahaus enters Romania

by Property Forum
Coworking space operator betahaus has opened its first hub in Bucharest, marking its entrance in Romania. The company has leased space in the Premium Plaza office project owned by GTC in central Bucharest.
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News Indotek sells Belgrade office portfolio
29
Dec
2023

Indotek sells Belgrade office portfolio

by Property Forum
Indotek is transferring the management of the Gordius Private Equity Fund to fellow Hungarian investor Diófa Fund Management, which will also take over the Belgrade office portfolio held by Indotek, Portfolio.hu reports. Indotek Group said it will use the funds released by the portfolio restructuring to finance domestic and international acquisitions. The company also announced that it had acquired a significant part of the Vörösmarty shopping complex in Budapest at the end of the year.
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News GTC sees rental revenue growth of 6% in Q1-Q3 2023
16
Nov
2023

GTC sees rental revenue growth of 6% in Q1-Q3 2023

by Property Forum
Real estate investor and developer GTC has recorded a like-for-like rental revenue growth of 6% in the first nine months of 2023 compared to the same period of last year. At the same time, the gross margin from rental activity slightly rose to €92 million.
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News GTC announces major change in top management
30
Aug
2023

GTC announces major change in top management

by Property Forum
GTC Hungary and GTC S.A. have entered into a mutual employment contract termination agreement with Zoltán Fekete and János Gárdai. Both have also resigned from their seats on the Management Board of both entities. The resignation is effective as of 31 August 2023. Gyula Nagy and Zsolt Farkas were appointed Management Board members of GTC Hungary as well as the Management Board and Supervisory Board of GTC S.A., effective 31 August 2023.
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News GTC continues with resilient operating performance in 2023
24
Aug
2023

GTC continues with resilient operating performance in 2023

by Property Forum
GTC has presented strong financial results for the first half of 2023 with €90 of rental revenues, 8% higher than the €85 million recorded in the same period of the previous year.
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News GTC appoints new heads of departments
03
Jul
2023

GTC appoints new heads of departments

by Property Forum
Witold Rafalski joined GTC Poland as the Head of Asset Management and Marcin Zaskurski joined as the General Counsel and Head of Legal Department. 
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News GTC Poland strengthens leasing team
27
Jun
2023

GTC Poland strengthens leasing team

by Property Forum
The GTC Poland leasing team is joined by four new experts: Łukasz Jarzyło as Head of Office Leasing, Agnieszka Kuehn, Michał Kubicz and Maciej Łyszczyński as Senior Leasing Managers.
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Latest news


New leases

  • Hillwood Polska has relocated its office to Warsaw's Plac Małachowskiego office building. The company will occupy space on the fifth floor of the building.
  • Primark is opening its seventh shop in Poland. Another outlet of the chain will be opened in the Zielone Arkady shopping centre in Bydgoszcz. The store will occupy a total retail space of 3,200 sqm on two floors.
  • GTC in collaboration with The Shire Beyond Coworking, is isopening a new coworking space in Korona Office Complex in Kraków.

New appointments

  • Bartłomiej Polnik has joined Savills as Associate Director, Senior Project & Development Manager PRS & Living Sectors in the PBC department.
  • Stage Capital has announced the appointment of Jacek Kołodziejski as Country Director in Poland. His role is to manage Stage Capital's retail property portfolio in Poland and to guide the growth of its value through expansion of existing facilities and acquisitions with growth potential.
  • Tomasz Waligórski will take over as General Manager of the Carrefour chain in Poland from 1 November. In this function, he will replace the previous, long-standing director of the Polish branch, Tareck Ouaibi.

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