GTC gets refinancing for Kraków office complex

Warsaw Stock Exchange-listed developer and investor GTC has secured €46.5 million in bank financing from BZ WBK, which it will use to refinance its Korona Office Complex in downtown Kraków. The complex, which was built in 2003-2014 and refurbished earlier this year, comprises a total of approximately 36,800 sqm of office space in four buildings. Its main tenants include IBM that occupies over 16,000 sqm in the property.

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