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GTC S.A. raises c. EUR 123 million via new share issue

Subsequent to the shareholders' decision in June 2021 to increase the company’s capital, GTC offered 55,000,000 O-series bearer shares. On the back of strong demand the Company eventually sold as many as 88,700,000 shares at PLN 6.40 per share, raising new capital of approx. EUR 123 million.

One United Properties shares enter the FTSE Global All Cap index

On December 20th, 2021, the shares of One United Properties (BVB: ONE), the leading green developer of residential, mixed-use and office real estate, entered the FTSE Global All Cap index. The FTSE Global All Cap Index is a market capitalization-weighted index representing the performance of the large, mid, and small-cap stocks globally. The index covers Developed and Emerging Markets and is suitable as the basis for investment products, such as funds, derivatives, and exchange-traded funds.

GTC’s Management Board with new members

GTC announces that the company’s Supervisory Board has just appointed Pedja Petronijevic to the position of the Chief Development Officer and János Gárdai as the Chief Operations Officer.

One United Properties distributes bonus shares on December 20th

One United Properties (BVB: ONE), one of the leading green developers of residential, mixed-use and office real estate in Romania, will distribute to shareholders on December 20th, 2021 bonus shares in proportion of 4 new ONE shares for every 5 shares held.

Primavera Development and Griffes are launching MUSE office building

– Primavera Development and Griffes area pleased to announce the launch of the construction for Muse office building, to be located close to Miorita Fountain, in one of the most reputed office areas in Bucharest. The area offers unrivalled road connectivity and accessibility on DN1, towards both the heart of the city and the airport outskirts but also the high prestige of a historical neighborhood.

JLL warns of possible shortage of new office space in the next two years

Seven new office buildings have been and will soon be delivered on the Bucharest office market in 2021, with a total of almost 222,000 square meters.

Top modern office destinations at the end of 2021

Most modern A-class office spaces are located in the Center-North business hub (Aviatorilor, Floreasca, Expoziției), which has exceeded the 1,500,000 sq m threshold, according to a monitoring carried out by ESOP Consulting l CORFAC International .

The budget for an individual workplace increased by 30% compared to the pre-pandemic period

With almost 10 years’ experience on the office market, both in real estate and interior design, Mihaela Petrescu takes over the position of Business Development Director at Workspace Studio, a company specializing in ergonomic office design solutions and Herman Miller’s sole accredited partner in Romania. From this position, Mihaela facilitates the interaction between tenants and landlords, given the previous exposure, so that profound changes in the labor market are assimilated quickly and efficiently, and local offices are developed to new standards.

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