GTC sells French Office Center in Katowice
19:36
GTC has completed the sale of the Francuska Office Center in Katowice to BPS Leasing, which financed the investment for Opal Group through a lease. The complex comprises two Class A buildings with 23,000 square meters of leasable space. The sale forms part of GTC’s strategy to reduce debt and financing costs, strengthen its balance sheet and improve financial flexibility through selective asset disposals.
Opal Group plans to hold the property as a long-term investment and develop its leasing offer. The transaction increases the value of properties financed by BPS Leasing, a wholly owned Bank BPS subsidiary, to more than PLN 900 mln.