Polish GTC buys Belgrade Business Centre

The Polish company, Global Trade Center (GTC) has acquired a business complex called the Belgrade Business Centre – eKapija reports.

The Belgrade Business Centre (Beogradski poslovni centar) spans 17,900 square metres of leasable area and has 307 parking spots. Currently, 96.8% of the building is occupied by UniCredit, Air Serbia, and NCR Corporation. The financial details of the deal were not revelead.

By acquiring the Belgrade Business Centre, GTC is going to increase its portfolio in Serbia to 98,400 sqm of the gross leasable area and further solidify its leading position on the country’s market – a statement from the GTC reads.

“The Belgrade Business Centre will strengthen our recurring net operating income by over 3 million euros per year, and there is an additional potential for the growth of our net asset value”, said the CEO of GTC, Thomas Kurzmann in the statement.

In April, GTC said that it officially opened a third building of the FortyOne business complex in Belgrade, rounding off its investments in Serbia.

Apart from Serbia, GTC also operates in Croatia, Romania and Bulgaria.

(Blic, 02.09.2017)


This post is also available in: Italiano

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