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Home News Deals Acquisition

Sale of GTC X Office Building in Belgrade Closes

David Stuckey by David Stuckey
February 26, 2025
Reading Time:1 min read
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Sale of GTC X Office Building in Belgrade Closes
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The EUR 52 million sale of Glamp d.o.o., the whole owner of the landmark GTC X office building in Belgrade, from GLobal Trade Centre to Forstone Realty, has closed.

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According to GTC, “this strategic move strengthens GTC’s financial position, with net proceeds of EUR 24 million, as the company continues to focus on preserving cash and enhancing its financial flexibility.”

“This sale is a key step in further strengthening our financial position,”said Gyula Nagy, President of GTC’s Management Board. “It enhances our liquidity and gives us greater financial flexibility moving forward.”

The GTC X office building offers nearly 18,000 square meters of space with a glass façade and a unique X-shaped design.

According to the company, “this transaction is part of GTC’s ongoing efforts aimed at strengthening the cash position and increase financial flexibility. Earlier in 2025, GTC closed the sale of a prime land plot in Warsaw’s prestigious Wilanów district for EUR 55 million and the Matrix C office building in Zagreb for EUR 27 million, further consolidating the company’s financial standing.”

Image sourceL www.eurobuildcee.com

Tags: Serbia
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David Stuckey

David Stuckey

A founder and former Executive Editor of CEE Legal Matters Kft., now writing for CEE Real Estate Matters. A professional writer, editor, publisher, consultant, and entrepreneur, and an amateur tennis player, cinephile, and bon vivant.

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CEE Real Estate Matters is an online and eZine format publication dedicated to the fast-moving real estate markets in Central and Eastern Europe. Our diligent team of journalists works tirelessly to bring about news and analysis in five key areas: residential, office, retail, logistics and proptech. We guide real estate professionals through the complexities of these sectors, from stand-out development projects and deals, to financing, legislation and big executive moves.


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