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Related news

Ziv Gigi is the new Country Manager of GTC Romania and Bulgaria

GTC continues the strategy of consolidating the group, through internal promotions, with the appointment of Ziv Gigi in the position of Country Manager Bulgaria, where he will be responsible for all local market operations, in addition to his role as Country Manager Romania.

The GTC Group announces a 10% increase in rental income in the first quarter of this year

The GTC Group recorded, in the first quarter of 2022, a 10% increase in rental income compared to the same period last year. The occupancy rate also increased by 1 percent, and adjusted EBIDTA is 5% higher.

The GTC Group reports a net profit of 43 million euros in 2021

The GTC Group made a profit of EUR 43 million in 2021 amid EBITDA growth adjusted to EUR 113 million, compared to EUR 105 million in 2020.

GTC announces new tenants and lease prolongations in its Romanian projects

GTC, one of the leading real estate companies in Central and Eastern Europe, announces the leasing of 1,618 square meters, located in two of its emblematic projects in Bucharest, City Gate and Premium Plaza. Also, the developer extended the lease contracts with other two companies that together occupy 1,510 sq m of office spaces, in City Gate.

GTC receives the LEED Gold certification for Cascade Office Building

GTC, one of the leading real estate companies in Central and Eastern Europe, received the LEED Gold certification for Cascade Office Building, located near Victoriei Square, in Bucharest’s Central Business District (CBD).

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.

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.

GTC: All the Romanian portfolio uses green energy, starting 2021

GTC, one of the leading real estate companies in Central and Eastern Europe, announced that, starting 2021, all its Romanian portfolio uses renewable energy sources. The green energy that powers the office projects owned by the company locally is certified by guarantees of origin. This is part of the company’s commitment to ensuring accessible and clean energy in all its properties across Europe. Another stage of GTC’s strategy to protect the environment focuses on improving its assets by achieving the highest certification degrees on the market.

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