November 3, 2025

Sale of GTC X Office Building in Belgrade Closes

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.

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

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