GTC to sell Kazimierz Office Center for €42 mln

GTC GK Office, a subsidiary of Globe Trade Centre (GTC), has signed a preliminary agreement with Kazimierz Office Center, a subsidiary of GLL Real Estate Partners, to sell the Kazimierz Office Center project in Kraków for €42 million (PLN 171.74 million). The final deal will be signed when certain conditions are met, including the submission of documents from the financing bank confirming the repayment of a loan and the obtainment of a tax interpretation. The GTC Group is a leading real estate company in CEE and SEE, operating in Poland, Romania, Hungary, Croatia, Serbia, Bulgaria, and Slovakia.