The development site covered by the agreement is located in the northern part of the block bordered by Vaci Road, Szekszardi Street, Madarasz Viktor Street, and Szobor Street in Budapest.
Rencz has been with GTC since August this year, when he was appointed to the Management Board and assumed the role of Chief Business Sustainability Officer.
According to the developer, this is only the fourth existing building in Europe to achieve this recognition, following projects in Italy, Spain, and Sweden.
The new notes mature in October 2030. They were issued by GTC Finance DAC, a special purpose vehicle established solely for this transaction and not part of the GTC Group.
