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    Polish Garden Furniture and Accessories Company Leases Space at Hillwood Zgierz II

    Polish Garden Furniture and Accessories Company Leases Space at Hillwood Zgierz II

    Panattoni Secures Financing from PKO Bank Polski to Implement Second Phase of Panattoni Park Zgierz II

    Panattoni Secures Financing from PKO Bank Polski to Implement Second Phase of Panattoni Park Zgierz II

    Pactic Moves to CTPark Budapest Ecser Logistics Park

    Pactic Moves to CTPark Budapest Ecser Logistics Park

    Four New Leases at Vlnena Office Complex in Brno

    Four New Leases at Vlnena Office Complex in Brno

    CA Immo Sells Prague Office Building

    CA Immo Sells Prague Office Building

    EBRD Invests in Lithuanian Real Estate Developer RELEVEN

    EBRD Invests in Lithuanian Real Estate Developer RELEVEN

    Shell Signs Record Lease at DOT Park in Krakow

    Shell Signs Record Lease at DOT Park in Krakow

    DNB Bank ASA Latvia Branch Doubles Space in Teodors Building in Riga

    DNB Bank ASA Latvia Branch Doubles Space in Teodors Building in Riga

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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

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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  • Panattoni Secures Financing from PKO Bank Polski to Implement Second Phase of Panattoni Park Zgierz II
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