Globe Trade Center having a good year

"We forecasted a net profit of zł.115 million in Q2, while the actual figure stood at zł.147 million. The company had a tax return of zł.11 million, and another zł.11 million was earned on foreign exchange differences," said Michał Stabler, an analyst with BDM PKO BP. GTC's good results are also the result of high prices in the commercial lease sector, aided in part by its America House and Topaz buildings, in Bucharest and Warsaw, respectively. The developer has purchased land for investments in Budapest, Belgrade and Croatia. In Poland, the company has just sold Mokotów Business Park, on which it should earn USD 40 million. (Puls Biznesu, p.7) M.M.