"We like markets which are perceived as risky".

Mariusz Kozlowski

Concentrating primarily on CEE, Polish GTC is among the most prominent developers implementing projects in all three major sectors of real estate. Having started two shopping centers in Bulgaria, the company continues to secure new residential developments in Romania where GTC apartments have hit record sales. In Belgrade the Polish developer has gained a substantial exposure to primarily offices and residential property, while projects in Ukraine are to be started soon.

Property Xpress talks with Mariusz Kozlowski, Investor Relations and Business Development Manager with GTC, about the company’s development strategy and its latest ventures in Romania, Bulgaria and Serbia.

How many Galeria shopping centers is the company planning to build in Romania’s regional cities? How many years from now will Romania’ retail market stay attractive for investors? What are GTC’s commercial property yields in CEE and SEE? Why isn’t the company sensitive to interest rate changes linked to the residential market? What is specific about its residential portfolio in Romania? Having accelerated construction of both Felicity and Rose Garden, is GTC planning to add speed to its large-scale Pipera project as well? Which is the main difference between the office markets of Bucharest and Belgrade? Why is the demand for offices in the Serbian capital expected to grow? Is a movement in Bucharest’s business property rental market expected? Which is the third Bulgarian city in which GTC plans to start a shopping-mall project? Will the company pursue at any rate retail development opportunities in Sofia? What is the city’s potential for edge-of-town business parks? These are only some of the topics we have discussed with Mariusz Kozlowski in this must-read interview.

And more: Will GTC pursue opportunities in the logistics sector? Where is the company planning mixed-use developments? Why is it willing to enter high risk profile markets? What are the main issues in the real estate sector of Moldova?



This interveiw contains 3571 words.

The rest of this interview is for Property Xpress subscribers only.

You could sign in from the upper right corner.

Not subscriber yet? Start your subscription here.