GLOBE Trade Centre (GTC), a Polish real estate developer, is set to take up an inward listing on the JSE’s main board on August 18, giving South Africans the opportunity to invest in various markets in eastern Europe.The GTC Group, established in Poland in 1994, has operations in that country, Hungary, Romania, Croatia, Serbia and Bulgaria.It operates in the Czech Republic through associates, and was listed on the Warsaw Stock Exchange in 2004.In 2015, it changed its strategy from a purely development approach to a development and asset-management approach."We are a well-established developer and commercial property manager owning some of the highest-quality assets in the capitals of high-growth central eastern European and southeastern European countries," says GTC CEO Thomas Kurzmann.READ THIS: Years of strong growth set to slow for mall owner"Our balanced €1.3bn portfolio of prime assets provides a stable rental income and significant growth opportunities from secured development...
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