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Globe Trade Center (GTC)

Address: 5 Wołoska Str., Warsaw, Poland
Tel: +48 22 60 60 700

Globe Trade Centre (GTC) is a real estate developer and investor active in office, retail and residential. GTC's assets exceed €2 billion.

Residential, Offices, Retail
Investors, Developers
Romania, Croatia, Bulgaria, Ukraine
GTC Acquires Belgrade Office Building
August 31, 2017, 14:47, (Property Xpress) - Warsaw-headquartered Globe Trade Center(GTC) has acquired the A-class Belgrade Business Center office building ...   read more
Intesa Sanpaolo Group Lends EUR 64 mln to Developer
April 20, 2017, 11:51, (Property Xpress) - Banca Intesa, VUB and PBZ, part of Intesa Sanpaolo banking group, have signed a EUR 64 mln loan agreement with ...   read more
GTC Opens FortyOne III Office Building in Serbia
April 19, 2017, 9:15, (Property Xpress) - Warsaw-headquartered real estate developer Globe Trade Center (GTC) has opened the third building of its ...   read more
Telekom Romania Extends Lease Deal for City Gate Bucharest
March 31, 2016, 12:49, (Property Xpress) - Telekom Romania, the largest fixed and mobile communications group in the local market, with an annual ...   read more
GTC Consolidates 100 Pct Stake in Bucharest Office Complex
March 28, 2016, 10:56, (Property Xpress) - Real estate company Global Trade Centrer (GTC), which has developed projects such as America House and Europe ...   read more
Developer Preparing to Start Work on Serbian Shopping Center
December 09, 2015, 12:41, (Property Xpress) - A real estate developer is planning to open a shopping and entertainment center with a 36,000 sq. m leasable ...   read more
GTC Romania to Acquire Bucharest Office Buildings
December 08, 2015, 9:15, (Property Xpress) - Real estate developer Globe Trade Center (GTC), which has developed America House and City Gate office ...   read more
GTC to Build Halkbank Serbian Headquarters
October 02, 2015, 12:45, (Property Xpress) - Warsaw-headquartered developer Globe Trade Center (GTC) has opened the first building of its FortyOne office ...   read more
Developer Raises Finance for Investments, Developments in CEE
September 29, 2015, 12:44, (Property Xpress) - A real estate developer has raised funds through a new share issue with the purpose of funding development ...   read more
Office Building Construction to Start in Serbia
September 18, 2015, 9:31, (Property Xpress) - Construction of a new office building, with a leasable area of 10,000 sq. m, will begin in the third quarter ...   read more
Developer Signs Loan Restructure Deal for Bulgarian Shopping Mall
July 06, 2015, 9:30, (Property Xpress) - A real estate developer has entered into an agreement to restructure a loan, used to build a shopping mall in ...   read more
Developer Signs Deals to Divest Two Non-Performing Assets in SEE
June 29, 2015, 10:59, (Property Xpress) - A real estate developer expects to soon close two transactions to sell non-performing assets in SEE. In ...   read more
Lone Star Raises Stake in GTC to 55 Pct
May 26, 2015, 10:32, (Property Xpress) - Lone Star, which until recently held a 32.5 pct stake in Warsaw-headquartered developer Globe Trade Center ...   read more
Bucharest Residential Complex Taken over by Creditor Bank
May 14, 2015, 9:36, (Property Xpress) - A residential complex in the north of Bucharest has changed its owners. In March 2015, the developer of ...   read more
GTC Shareholders Decline to Support Rights Issue
April 24, 2015, 11:20, (Property Xpress) - Lone Star, the largest single shareholder in Warsaw-headquartered Globe Trade Center (GTC), with a 32.5 pct ...   read more
Eurosting Owner Acquires Galleria Buzau Shopping Center in Romania
March 26, 2015, 11:39, (Property Xpress) - Romanian businessman Liviu Avram, founder and shareholder of Eurosting group of companies, specializing in ...   read more
GTC Croatia Assets Lose EUR 49 mln in Value in 2014
March 24, 2015, 12:49, (Property Xpress) - Globe Trade Center’s Croatian assets, including Avenue Mall Zagreb, Avenue Mall Osjiek and Marlera land, ...   read more
GTC to Complete Belgrade Office Building in H1’2015
March 24, 2015, 10:17, (Property Xpress) - Warsaw-headquartered real estate developer Globe Trade Center (GTC) plans to complete the first phase of its ...   read more
GTC Romania Assets Lose EUR 36 mln in Value in 2014
March 24, 2015, 9:03, (Property Xpress) - Globe Trade Center’s Romanian assets, respectively City Gate office complex and Galleria shopping centers, ...   read more
Developer Borrows EUR 9.5 mln for Serbian Project
January 28, 2015, 11:23, (Property Xpress) - A real estate development company has entered into a EUR 9.5 mln loan agreement to finance construction of an ...   read more
GTC to Dispose of Non-Core Assets
January 20, 2015, 11:42, (Property Xpress) - Property developer Globe Trade Center (GTC), listed on the Warsaw Stock Exchange, said its assets lost EUR 132 ...   read more
GTC Mulls Romanian Office Property Acquisitions
November 26, 2014, 9:00, (Property Xpress) - Real estate company Globe Trade Center (GTC), which has developed America House and City Gate office projects ...   read more
Real Estate Firm to Raise EUR 140 mln for New Acquisitions, Developments
September 16, 2014, 7:26, (Property Xpress) - A real estate development company plans to raise EUR 140 mln to finance acquisitions of income producing ...   read more
GTC Romanian Malls See Decline in Value
August 21, 2014, 11:11, (Property Xpress) - Galleria malls in Arad, Piatra Neamt and Buzau, owned by Globe Trade Center (GTC), were valued at EUR 29 mln ...   read more
GTC Romania Interested in Starting New Projects
June 03, 2014, 11:46, (Property Xpress) - GTC Romania, one of the largest local developers, plans to start new projects in the country. "The real estate ...   read more
GTC to Secure Funding for Croatian Developments
May 02, 2014, 10:05, (Property Xpress) - Poland’s real estate developer Globe Trade Center (GTC) hopes to close a finance structure for its EUR 100 ...   read more
GTC Group Reports Decline in Value of SEE Assets
March 25, 2014, 11:46, (Property Xpress) - Israeli GTC Group has announced it might be unable to sell or restructure its shopping malls in Bulgaria, ...   read more
Kardan Sells 27.75 Pct Stake in GTC for EUR 160 mln
November 18, 2013, 8:58, (Property Xpress) - Israeli Kardan group of companies, controlled by Yosef Grunfeld, Eitan Rechter, and Avner Schnur, has signed ...   read more
GTC Sells Galleria Mall Suceava for EUR 800
November 13, 2013, 16:51, (Property Xpress) - Israeli real estate developer Globe Trade Center (GTC) has sold its Galleria Mall Suceava shopping center ...   read more
Kardan to Sell Stake in GTC
October 03, 2013, 8:05, (Property Xpress) - Israeli Kardan group of companies, the main shareholder of Poland’s real estate developer GTC, has launched ...   read more
Update: GTC Sells Galleria Mall Suceava
August 23, 2013, 7:24, (Property Xpress) - Israeli real estate developer Globe Trade Center (GTC) has sold its Galleria Mall Suceava shopping center to ...   read more
GTC Sells Galleria Mall Suceava
August 21, 2013, 8:27, (Property Xpress) - Poland-registered Globe Trade Center (GTC), which has developed four shopping centers in Romania under the ...   read more
Investors Revealed behind Globalworth’s Forthcoming EUR 300 mln London IPO
July 05, 2013, 11:05, (Property Xpress) - Globalworth Real Estate Investments, headed by Greek businessman Ioannis Papalekas, believes that Romania is ...   read more
Romania to Compensate Land Owners for Bucharest-Ploiesti Highway Extension
June 26, 2013, 11:54, (Property Xpress) - Romanian businessman Gigi Becali and the Bucharest Sector 3 Mayor, Robert Negoita, will receive almost RON ...   read more
Romanian Shopping Mall Changes Owners
June 04, 2013, 10:19, (Property Xpress) - A Romanian shopping center will be converted into an office and retail center, after it was sold to a local ...   read more
GTC Records EUR 15 mln Non-Cash Impairment Loss from Galleria Bucharest Land
May 14, 2013, 14:09, (Property Xpress) - Real estate developer Globe Trade Center (GTC) cannot develop its Galleria Bucharest shopping mall due to a ...   read more
GTC: Sale of Three Romania Assets Cancelled
January 24, 2013, 13:18, (Property Xpress) - Israeli-owned developer Globe Trade Center (GTC), which holds a Romania real estate portfolio valued at EUR ...   read more
GTC Sells Land in Galati, Romania
January 22, 2013, 11:10, (Property Xpress) - Real estate developer Globe Trade Center (GTC) has sold a 3.2 ha land plot in Galati to Romanian DIY retailer ...   read more
Hypermarket Project Obtains Building Permit in Romania
December 19, 2012, 13:42, (Property Xpress) - A building permit has been obtained for a 12,000 sq. m hypermarket in Romania. The property will be developed ...   read more
NEPI Buys Land for Galati Shopping Mall
November 26, 2012, 8:54, (Property Xpress) - Through its wholly owned subsidiary NEPI Nine Investment Development, South African investment fund New Europe ...   read more
GTC to Sell Land in Romania
November 14, 2012, 15:31, (Property Xpress) - Warsaw-headquartered Globe Trade Center (GTC) intends to close a deal to sell its 32,000 sq. m site in the ...   read more
Developer Sells Retail Centers in Romania
November 01, 2012, 15:59, (Property Xpress) - A real estate developer has agreed to dispose of three retail centers in Romania, with a rentable area of ...   read more
GTC Romania Launches Sales of FeliCity Second Stage
October 24, 2012, 10:31, (Property Xpress) - GTC Romania has launched sales of the second phase of its FeliCity residential project, developed in the north ...   read more
GTC Reports EUR 19 mln Revaluation Losses in Romania
August 16, 2012, 12:06, (Property Xpress) - Israeli real estate developer GTC said its Romanian portfolio was revalued down by EUR 19 mln in the first six ...   read more
Developer Mulls Rights Issue, Sees Market Recovery Signs in Romania
May 18, 2012, 7:23, (Property Xpress) - INSIDE: Developer, Financial Results, Future Plans. Central and Eastern European-focused real estate ...   read more
GTC Abandons Croatia Golf Project
May 11, 2012, 14:04, (Property Xpress) - Drazen Ladic, initiator of a golf resort project in Croatia, has confirmed that the main investor, Globe Trade ...   read more
GTC Sees Property Values Decline after Revaluation
March 05, 2012, 14:56, (Property Xpress) - The Romanian property portfolio of Israeli GTC, comprising City Gate office towers, FeliCity and Rose Garden ...   read more
Galleria Bourgas to Open in Spring, Signs Lease with H&M
January 19, 2012, 8:51, (Property Xpress) - Galleria Bourgas shopping mall, being developed between Yanko Komitov Boulevard and Odrin Street in Bourgas by ...   read more
Croatia Golf Resort Development Obtains Permits
December 08, 2011, 15:19, (Property Xpress) - Implementation of a large-scale golf resort project in Croatia is expected to begin next year. "There is no ...   read more
Romania Galleria Malls Face 13 Pct Decrease in Value in Q3’2011
November 10, 2011, 13:15, (Property Xpress) - The value of Galleria malls in Suceava, Buzau and Piatra Neamt, developed by GTC, was down nearly 13 pct at ...   read more
Piatra Neamt Retail Center to Open in March
November 09, 2011, 12:53, (Property Xpress) - Point Travel, controlled by businessman Mihai Apopii, president of the Chamber of Commerce and Industry of ...   read more
Botosani Uvertura Mall to Open in October 2012
October 19, 2011, 7:33, (Property Xpress) - Iasi-based Moldova Universal, controlled by Danut Prisecariu, has invested EUR 15 mln for construction of its ...   read more
City Gate Office Center Signs EUR 100 mln Refinance Deal
October 14, 2011, 9:08, (Property Xpress) - Israeli company Globe Trade Center (GTC) has announced signing a EUR 100 mln loan to refinance investment in ...   read more
GTC Romania in Preparation for New Developments
October 12, 2011, 9:07, (Property Xpress) - Having opened its Galleria Arad shopping mall, Poland-based developer GTC wants to begin construction of two ...   read more
GTC Opens Galleria Arad
October 07, 2011, 13:30, (Property Xpress) - Earlier this week, Israeli group Globe Trade Center (GTC) opened its Galleria shopping mall in the Romanian ...   read more
Galleria Bourgas to Open in Spring 2012
August 30, 2011, 15:14, (Property Xpress) - Galleria Bourgas shopping mall, being developed between Yanko Komitov Boulevard and Odrin Street in Bourgas by ...   read more
GTC to Open Galleria Arad in October
August 15, 2011, 8:36, (Property Xpress) - Israeli group Globe Trade Center (GTC) will open its fourth Romanian shopping mall on October 6, this year, ...   read more
Romanian Entrepreneurs Restart Bucharest Office Projects
July 26, 2011, 11:23, (Property Xpress) - Several Romanian entrepreneurs have recently resumed office center projects in the central part of Bucharest, ...   read more
GTC Consolidates 100 Pct Stake in Galleria Galati
June 23, 2011, 14:59, (Property Xpress) - Real estate developer GTC, developing a shopping center chain under the Galleria brand, will develop a ...   read more
24-Story Office Tower Project to Start in Romania
June 03, 2011, 13:30, (Property Xpress) - Construction work on a 24-story Bucharest office center project is scheduled to start this year. The ...   read more
GTC Sees Asset Value Increase in Q1’2011
May 16, 2011, 8:22, (Property Xpress) - Poland’s GTC, controlled by the Netherlands-based Kardan N.V. (27 pct), said its rental revenue increased by ...   read more
GTC Croatia to Start EUR 80 mln Development Project
May 10, 2011, 13:30, (Property Xpress) - GTC Croatia, known as the developer of the Avenue Zagreb and Osijek shopping malls, will build its third ...   read more
GTC Opens Avenue Mall Osijek, Plans More investments in Croatia
April 15, 2011, 10:57, (Property Xpress) - Polish GTC, controlled by the Netherlands-based Kardan N.V. (27 pct) yesterday opened a shopping center in ...   read more
GTC to Build Shopping Malls in Serbia, Bosnia and Herzegovina
March 31, 2011, 14:07, (Property Xpress) - GTC Croatia, developer and operator of the Avenue Mall in Zagreb, which is currently visited by 150,000 people ...   read more
30,000 Sq. m Office Building Planned for Bucharest
March 30, 2011, 8:52, (Property Xpress) - Romanian businessman George Copos, owner of Ana Holding, has teamed up with property development company Globe ...   read more
GTC Sees Asset Value Increase in Romania and Bulgaria
March 21, 2011, 13:31, (Property Xpress) - The market value of the operational properties of Globe Trade Center (GTC) in Romania increased 14 pct last ...   read more
Croatia Allocates Land for Golf Resort
January 28, 2011, 11:34, (Property Xpress) - At its yesterday’s session, the Government of Croatia approved a decision to dispose of state-owned land of ...   read more
GTC Signs Deals with Anchors for Malls in Bulgaria and Croatia
January 27, 2011, 8:52, (Property Xpress) - Poland-based developer Globe Trade Center (GTC) has announced two major lease deals for its Galleria Stara ...   read more
Kardan to Sell 15 Pct Stake in Globe Trade Center
January 19, 2011, 12:53, (Property Xpress) - The Netherlands-based investment company Kardan today announced that its wholly-owned subsidiary GTC Real ...   read more
AFI Europe Sells Bucharest Land for EUR 16 mln
January 10, 2011, 15:04, (Property Xpress) - Real estate developer AFI Europe, owner of AFI Palace Cotroceni Mall, has sold a 3.0 ha land plot in the ...   read more
Danya Cebus Awarded EUR 20 mln Contract
November 09, 2010, 14:57, (Property Xpress) - Danya Cebus, the construction division of Africa-Israel Investments, controlled by billionaire Lev Leviev, has ...   read more
Cora Hypermarket to Anchor Arad Mall
October 04, 2010, 11:16, (Property Xpress) - Cora hypermarket chain has leased 9,000 sq. m of retail space at Galleria Arad shopping mall, developed by ...   read more
50,000 Sq. m Office Tower Planned for Bucharest
September 23, 2010, 7:26, (Property Xpress) - Romanian businessman George Copos, owner of Ana Holding, is negotiating with property development company ...   read more
Croatian Golf Resort Project to Officially Start Next Week
August 27, 2010, 7:19, (Property Xpress) - An elite golf resort and hotel-apartment complex at Marlera in Liznjan, Croatia will officially start at the ...   read more
Developer Reaches Agreement on EUR 80 mln Credit Facility
August 12, 2010, 15:13, (Property Xpress) - The Romanian subsidiary of an Israeli real estate development company has agreed a EUR 80 mln loan facility ...   read more
Cinema Theater Operator to Enter Croatia, Slovenia
July 01, 2010, 12:57, (Property Xpress) - A European cinema theater operator is preparing to expand its chain into the Balkans, with Croatia as their ...   read more
Construction Starts on Shopping Mall in Bulgaria
May 26, 2010, 14:37, (Property Xpress) - The groundbreaking ceremony to start construction of a shopping and entertainment center in the Bulgarian city ...   read more
EUR 40 mln Provided for Shopping Mall in Croatia
May 17, 2010, 7:36, (Property Xpress) - A EUR 40 mln syndicated loan will be provided to finance construction of a shopping and entertainment center ...   read more
GTC Completes Two Shopping Malls in Bulgaria
April 06, 2010, 13:41, (Property Xpress) - Construction work on Galleria Stara Zagora is in the final stage. The mall with a GLA of 26,000 sq. m will ...   read more
Aura Investments Sells Shares in Romanian Shopping Centers
March 10, 2010, 13:22, (Property Xpress) - Israeli-based real estate development company Aura Investments has sold shares in a number of Romanian ...   read more
Developer Confirms Plans to Spend up to EUR 300 mln in CEE
February 26, 2010, 12:53, (Property Xpress) - A leading real estate developer, active in Romania, Bulgaria, Serbia and Croatia today confirmed its earlier ...   read more
Israeli Developer to Spend EUR 300 mln in CEE in 2010
February 04, 2010, 15:48, (Property Xpress) - An Israeli property developer said it will allocate up to EUR 300 mln to start new projects in Central and ...   read more
Update: Rompetrol Leases 9,300 sq. m of Office Space in Bucharest
February 04, 2010, 8:07, (Property Xpress) - As Property Xpress reported, Rompetrol Group, a major Romanian oil company, will move its Bucharest and ...   read more
GTC Pays EUR 9.8 mln to Increase Stake in City Gate
January 12, 2010, 11:50, (Property Xpress) - Israeli company Globe Trade Center (GTC), which has developed the America House and Europe House office ...   read more
EBRD Injects EUR 41 mln in Croatian Shopping Mall
December 09, 2009, 10:39, (Property Xpress) - The European Bank for Reconstruction and Development (EBRD) has approved funding of EUR 41.1 mln to GTC ...   read more
Construction Starts on Shopping Mall in Bulgaria
December 03, 2009, 16:27, (Property Xpress) - Work has recently started on a shopping mall in Bulgaria and the project has not yet appointed a general ...   read more
GTC Considers 2,000-Apartment Project Relaunching in Romania
November 25, 2009, 14:55, (Property Xpress) - Israeli real estate developer GTC plans to start work on Garden of Eden residential estate in northern ...   read more
GTC Swings to Net Loss in Q3, Increases Interest in Bulgarian, Romanian Projects
November 11, 2009, 9:09, (Property Xpress) - Globe Trade Centre (GTC) has reported a net loss of EUR 43.6 mln in the first three quarters of 2009 due to a ...   read more
Developer Freezes Shopping Mall Project in Bulgaria
November 02, 2009, 15:01, (Property Xpress) - Construction work on a four-story shopping mall in Bulgaria has indefinitely been postponed, said a ...   read more
Kardan to Raise Funds for CEE Projects
October 30, 2009, 13:27, (Property Xpress) - Dutch-Israeli real estate, bank and insurance investor Kardan NV has decided to sell 55 pct in Kardan Israel ...   read more
Developer Restarts Shopping Mall Project in Bulgaria
October 13, 2009, 9:55, (Property Xpress) - A shopping mall project in Bulgaria obtained all the permits in September this year and its construction will ...   read more
EUR 41 mln Raised for Shopping Mall in Croatia
October 13, 2009, 7:09, (Property Xpress) - Over EUR 41 mln in funding is expected to be allocated for construction of a shopping and entertainment center ...   read more
Overview: Croatian Shopping Space; Phoenix Park Project Announced
September 24, 2009, 10:45, (Property Xpress) - On Thursday, Garden Mall shopping center in eastern Zagreb will officially open. The scheme with 70 domestic ...   read more
GTC to Invest EUR Seven mln in Romanian Mall Extension
September 07, 2009, 10:28, (Property Xpress) - Polish developer Globe Trade Center (GTC) plans to carry out a EUR seven mln upgrade, to extend the Galleria ...   read more
EUR 60 mln Office Project to Start Next Year in Romania
September 04, 2009, 13:51, (Property Xpress) - A real estate development company plans to start a new office project in the capital, following an investment ...   read more
Developer to Restart Mall Project in Bulgaria
August 27, 2009, 14:24, (Property Xpress) - The management of a shopping and entertainment centers developer with several projects in Bulgaria yesterday ...   read more
Developer to Complete 93,000 sq. m Office Project in Romania in H2’09
August 13, 2009, 15:05, (Property Xpress) - A residential, office and shopping centers developer active in Central and Eastern Europe has announced its H1 ...   read more
Galleria Piatra Neamt Opens in September
August 05, 2009, 10:53, (Property Xpress) - Galleria Piatra Neamt shopping center will officially open in September this year, following an investment of ...   read more
GTC Stops Work Indefinitely at Garden of Eden Project
June 17, 2009, 13:44, (Property Xpress) - Real estate developer Globe Trade Center (GTC) Romania will postpone construction of the Garden of Eden ...   read more
RED Signs Partnership for Romania
May 11, 2009, 11:00, (Property Xpress) - RED Management Capital, an entity with American-Spanish capital and developer of the Bucharest Iride Business ...   read more
Record Prices for Land Lots in Belgrade
April 29, 2009, 13:11, (Property Xpress) - Marina Dorcol, Autokomanda, Delta City and Novi Belgrad-based blocks 58, 19a and 11a are the most luxurious ...   read more
Gallery Varna to Open by End 2009
March 24, 2009, 8:37, (Property Xpress) - Gallery Varna, a retail development of Polish Globe Trade Center (GTC) at the intersection between Slivnitza ...   read more
GTC to Open Galleria Suceava in Romania
March 06, 2009, 15:12, (Property Xpress) - Globe Trade Center (GTC) will open a second mall in the company portfolio in Suceava, Romania, after that it ...   read more
GTC Delays Garden of Eden Project in Romania
February 26, 2009, 8:16, (Property Xpress) - The developer firm with Israeli capital Globe Trade Centre (GTC) Romania, one of the most significant players ...   read more
European Commission Moves to Belgrade’s 19 Avenue Office Center
February 13, 2009, 10:44, (Property Xpress) - The Delegation of the European Commission to the Republic of Serbia has relocated its Belgrade headquarters, ...   read more
Commercial Center in Bourgas to Open in 2010 in Bulgaria
January 28, 2009, 15:59, (Property Xpress) - Preparation work on the former Vinprom Plant site has started in Bulgaria’s Black Sea city of Bourgas. It is ...   read more
Slovenian Mercator to Anchor Shopping Mall in Rousse, Bulgaria
December 17, 2008, 15:40, (Property Xpress) - Slovenian retail chain Mercator will open a supermarket in the Bulgarian Danube River port city of Rousse, in ...   read more
Kardan Adopts Merger with GTC
December 16, 2008, 11:47, (Property Xpress) - The extraordinary general meeting of Dutch Kardan N.V. shareholders on December 11, approved the proposal to ...   read more
Blitz-CineStar Penetrates Croatian Market
November 11, 2008, 10:58, (Property Xpress) - Croatian firm Blitz-CineStar has signed a contract on construction of a CineStar multiplex in the city of ...   read more
GTC to Start Construction Work on Galleria Rousse
October 30, 2008, 13:50, (Property Xpress) - GTC Bulgaria, a 95 pct subsidiary of Polish developer Globe Trade Center (GTC), is to launch construction work ...   read more
60,000 sq. m Shopping Mall Planned for Subotica, Serbia
October 09, 2008, 9:09, (Property Xpress) - A development company has announced its intention to build a 60,000 sq. m shopping mall in the northern part ...   read more
GTC to Open First Galleria Mall in Romania
September 25, 2008, 8:56, (Property Xpress) - Tomorrow, Polish developer Globe Trade Center (GTC) and Aura Europe will open Galleria Buzau Mall, the first ...   read more
GTC to Develop One More Mall in Bulgaria
July 15, 2008, 14:34, (Property Xpress) - Polish real estate developer Globe Trade Center (GTC) will invest in the construction of a mall on a plant ...   read more
50 pct Acquisition of 120,000 sq. m Mixed-use Scheme Announced in Odessa
July 15, 2008, 10:42, (Property Xpress) - A Netherlands-based investment company today announced its real estate subsidiary has signed an agreement to ...   read more
Blitz-CineStar to Build Multiplexes in Croatia
July 11, 2008, 7:02, (Property Xpress) - Blitz-CineStar will allocate EUR 23 mln for construction and equipping five new multiplexes in Croatian ...   read more
EUR 25 mln for Residential Project in Piatra Neamt, Romania
July 09, 2008, 14:28, (Property Xpress) - EUR 25 mln will be allocated for the Green Hills residential project, which includes 232 apartments in Piatra ...   read more
GTC Develops Mixed-use Projects in Romania
July 03, 2008, 14:23, (Property Xpress) - Polish real estate developer Globe Trade Center (GTC), has 4,000 apartments under development in Bucharest ...   read more
GTC to Start Green Dream Project in Bucharest This Autumn
June 18, 2008, 10:03, (Property Xpress) - Globe Trade Center (GTC) Romania intends to start construction work on the 35,000 sq. m Green Dream ...   read more
EBRD to Grant Loan to GTC REIT in Bulgaria
May 28, 2008, 8:32, (Property Xpress) - European Bank for Reconstruction and Development (EBRD) is considering extending a senior A/B loan for a total ...   read more
Robert Bosch Moves to GTC Square in Belgrade
May 15, 2008, 11:42, (Property Xpress) - Robert Bosch Company has signed a contract on leasing commercial space in the GTC Square project, an A-class ...   read more
International Developer Sells Flats in Romania
May 13, 2008, 9:09, (Property Xpress) - A foreign developer with an international reputation has already sold apartments in residential projects it is ...   read more
IKEA, GTC, Kerum and Todoric Ready to Acquire Adriachem in Croatia
May 06, 2008, 9:48, (Property Xpress) - After another failed privatization attempt, the destiny of Adriachem, 1991 renamed Croatian chemical giant ...   read more
GTC's Park Apartments 100 pct Sold in Belgrade, Serbia
May 01, 2008, 8:44, (Property Xpress) - New Belgrade-based GTC's Park Apartments condominium which features 20,000 sq. m of residential and retail ...   read more
Two Malls Planned for Stara Zagora District, Bulgaria
April 29, 2008, 11:25, (Property Xpress) - In the Bulgarian city of Kazanlak, a EUR 15 mln shopping and entertainment complex will be built on a 0.6 ha ...   read more
Slovenian Mercator Ready to Enter Bulgaria
April 25, 2008, 11:35, (Property Xpress) - Although officials of Slovenian retail chain Mercator decline to announce details on their plans and ...   read more
Kardan Preparing Merger with GTC Subsidiary
April 15, 2008, 8:44, (Property Xpress) - The board of Kardan NV is preparing the take over of GTC subsidiary Global Trade Centre Real Estate NV. Kardan ...   read more
GTC Fund Its Second Avenue Mall in Croatia
April 08, 2008, 9:36, (Property Xpress) - Warsaw-listed real estate company Globe Trade Centre (GTC) is allocating EUR 40 mln for developing a mall in ...   read more
Developer GTC Registers 50 pct Q4 Net Profit Rise
February 29, 2008, 10:13, (Property Xpress) - The CEE real-estate developer GTC registered a more than 50 pct rise in its net profit in last year's fourth ...   read more
GTC to Raise EUR 100 mln from Romanian Projects
January 31, 2008, 9:59, (Property Xpress) - Polish real estate developer Globe Trade Centre (GTC) will realize a EUR 100 mln income from selling 1,100 ...   read more
Polish GTC Eyes Ukrainian Property Market
November 16, 2007, 12:56, (Property Xpress) - Warsaw-based developer Globe Trade Center (GTC) is considering entering the real estate markets of Ukraine and ...   read more
GTC to Open Office Building in Belgrade
November 05, 2007, 14:57, (Property Xpress) - After recently announced opening of Delta City, the largest shopping mall in Belgrade, by the end of this year ...   read more
GTC Sells Off Plan Flats in Felicity Residence
October 08, 2007, 7:53, (Property Xpress) - Three months after the launching of the project, the real estate developer Globe Trade Center (GTC) has sold ...   read more
Cinema City and GTC Extend Partnership for Romania and Bulgaria
October 05, 2007, 16:07, (Property Xpress) - Globe Trade Center (GTC) and Cinema City International (CCI) has announced signing of an agreement for CCI to ...   read more
GTC Confirms America House Sale
October 01, 2007, 15:10, (Property Xpress) - GTC Romania, a subsidiary of Globe Trade Center S.A., has sold the 100 pct interest in America House to a fund ...   read more
Mixed-use Project Planned for Bourgas, Bulgaria
September 14, 2007, 14:32, (Property Xpress) - A mixed-use development featuring 36,000 sq. m retail area and over 600 apartments of 61,000 sq. m will be ...   read more
GTC Acquires Stake in Galeria Bourgas
September 10, 2007, 15:50, (Property Xpress) - Polish-based real estate investor and developer Globe Trade Center, through its subsidiary GTC Real Estate ...   read more
New Owner for America House Building
August 30, 2007, 8:30, (Property Xpress) - The America House office building, in Bucharest's Victoriei Square, will probably be acquired by the French ...   read more
Aura and Baron Group to Develop Romanian JV Project
August 20, 2007, 8:02, (Property Xpress) - Israeli-based companies Aura Investments Ltd. and Baron Group have purchased land in the Romanian city of ...   read more
GTC Plans for Shopping-Mall Project in Bourgas, Bulgaria
August 08, 2007, 13:19, (Property Xpress) - After purchasing a majority stake in a company constructing a shopping-mall in Varna in May this year, GTC ...   read more
GTC with Two New Projects in Bulgaria and Romania
July 30, 2007, 6:53, (Property Xpress) - GTC, one of the most active real estate players on the South Eastern European property market, recently ...   read more
America House in Bucharest for Sale?
July 12, 2007, 9:28, (Property Xpress) - America House, a GTC Romania office building may be up for sale. Presently about ten investment funds among ...   read more
GTC Reveals Details on Fifth Bucharest Project
July 06, 2007, 11:27, (Property Xpress) - GTC will add another 67,000 sq. m residential space to its portfolio, after acquiring 66.6 pct of GML American ...   read more
EBRD Provides EUR 80 mln Loan for Romanian Retail Projects
July 03, 2007, 12:23, (Property Xpress) - The European Bank for Reconstruction and Development has announced the lending of a EUR 80 mln syndicated loan ...   read more
GTC Romania Acquires Stake in Residential Development
July 02, 2007, 15:47, (Property Xpress) - GTC Romania, a subsidiary of Globe Trade Center, has acquired a majority stake in a company developing a ...   read more
Three Belgrade Mixed-Use Projects in the Pipeline
June 26, 2007, 16:05, (Property Xpress) - Three mixed-use projects will be developed in Serbian capital, as 2 memorandums of understanding have already ...   read more
GTC, RREEF and Bluehouse Partner in Felicity Project in Bucharest
June 25, 2007, 13:48, (Property Xpress) - The Romanian subsidiary of Globe Trade Center (GTC), RREEF, a Deutsche Bank Fund and the Cyprus-based ...   read more
GTC and RREEF Register Record Sales of its Joint Project in Bucharest
June 20, 2007, 10:57, (Property Xpress) - GTC Romania and RREEF, a fund managed by Deutsche Bank, register record sales of its joint Rose Garden ...   read more
Galleria Varna Presented on Official Ceremony Today
June 19, 2007, 13:50, (Property Xpress) - Today, on official ceremony in Varna GTC Bulgaria, a 95 pct subsidiary of Globe Trade Center, and its ...   read more
Leading European Developer Expands its Bulgarian Allocations
May 22, 2007, 12:50, (Property Xpress) - A leading European development company has announced it acquired a site in Bulgaria for the development of a ...   read more
Aura Investments Continues Expanding into Romania
May 07, 2007, 15:51, (Property Xpress) - The Israeli company Aura Investment has acquired a EUR 2.65 mln worth plot in Piatra Neamt for construction ...   read more
GTC Completed Record Bond Round
May 01, 2007, 10:32, (Property Xpress) - GTC’s EUR 211.41 mln bond offering, the largest single tranche of bonds sold on the Polish market by a ...   read more
Construction of Galleria Mall Chain Started in Romania
April 04, 2007, 15:11, (Property Xpress) - The development of three malls, under the trade mark Galleria, in secondary cities of the country i.e. Buzau, ...   read more
Bluehouse to Develop EUR 20 mln Bucharest-Based Office Project
March 27, 2007, 15:43, (Property Xpress) - The Greek investment company Bluehouse will develop a EUR 20 mln worth office center on 145, Way of Victory in ...   read more
Start of a GTC Office Project Expected in Belgrade
March 27, 2007, 11:13, (Property Xpress) - Besides two successful implemented projects namely business GTC centre AVNOJ and the modern apartment block ...   read more
3 Mall Projects Planned in Arad
March 19, 2007, 10:51, (Property Xpress) - The Romanian businessman George Paunescu, partnering with a foreign company, intends to develop a EUR 60 mln ...   read more
B-Class Business Center Planned in New Belgrade This Year
February 19, 2007, 9:21, (Property Xpress) - New business complex will appear soon in Novi Beograd, the prestigious quarter of the Serbian capital. The ...   read more
GTC Starts Its EUR 600 mln CEE Plan with Belgrade-Based Complex
December 19, 2006, 9:57, (Property Xpress) - Globe Trade Center S. A. plans to invest at least EUR 600 mln by 2008 in its countries of operation such as ...   read more
GTC Partners with Aura Investments for Romania-Based Mall Projects
December 14, 2006, 11:50, (Property Xpress) - GTC Romania has announced the purchase of a 3.3 ha plot in central Arad, Romania. On this land lot the company ...   read more
Deutsche Bank Partners with GTC in Residential Projects
November 13, 2006, 15:52, (Property Xpress) - RREEF Opportunity Funds, member of the Deutsche Bank Group, will become minority shareholder of Globe Trade ...   read more
GTC and EBRD Invest Together in Ukraine
October 23, 2006, 15:17, (Property Xpress) - European Bank for Reconstruction and Development (EBRD) signed an agreement with Globe Trade Center S.A.(GTC), ...   read more
GTC Ukraine to invest USD 100 million in real estate projects
August 22, 2006, 16:01, (Property Xpress) - USD 100 milion will be invested by GTC Real Estate Investments Ukraine B. V. in office, retail and ...   read more
Globe Trade Center to acquire Mokotow Business Park
August 21, 2006, 16:33, (Property Xpress) - Globe Trade Center has agreed with Heitman European Property Partners III Fund the terms of sale of the ...   read more
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