GTC has lease agreement with Empik

Commercial developer Globe Trade Centre (GTC) has signed a lease deal with Empik Media & Fashion Group, owner of Empik and Smyk retail chains, to open its outlets in two of Warsaw's malls which are currently under construction: Galeria Północna and Galeria Wilanów. Empik will open a 460 sqm store in Galeria Północna and a 520 sqm outlet in Galeria Wilanów, while Smyk plans to locate its 730 sqm and 700 sqm shops in Galeria Północna and Galeria Wilanów, accordingly. The GTC Group is a leading real estate company in CEE and SEE, operating in Poland, Romania, Hungary, Croatia, Serbia, Bulgaria, and Slovakia. Additionally, it co-owns land in Ukraine and Russia and operates in the Czech Republic through its associates and joint ventures. The Group was established in 1994.