Galeria Harfa in Prague• GTC and its partners (RREEF and Scorpio), has opened Galeria Harfa in Prague

• Mall offers 42,000 sq m of net retail space

• Over 100,000 customers visited Galeria Harfa during the first four days

On 11 November 2010 Globe Trade Centre S.A. (GTC) opened new generation retail and entertainment centre Galeria Harfa in Prague. It is the largest project of this type and the only shopping mall to be delivered in the Czech capital this year.

Galeria Harfa offers 42,000 sq m of net retail space on 3 levels and is over 90% let. On top of the shopping centre 22,000 sq m of office space have been constructed.

“I am proud and happy to take part in the opening of Galeria Harfa,” said Tamir Winterstein, CEO of Lighthouse Group, the GTC affiliate responsible for developing the project in Prague. “This project was groundbreaking in many respects, and required a lot of work by all the people involved, on the investor’s side and our partners. We will do all we can to assure that Galeria Harfa becomes not just a shopping destination, but also a place for meeting friends, entertainment and leisure for the whole family—the place to be!”

Galeria Harfa is located on Českomoravská ul., a 10-minute drive or 5 metro stops from the city centre. Metro station Českomoravská is located underneath gallery. The mall is directly connected to the largest sports and entertainment hall in Prague – O2 Arena.

Galeria Harfa offers over 180 shops, service points, cafés and restaurants, a luxury fitness club and a swimming pool. Visitors can enjoy an impressive 9,500 sq m roof garden, which includes a playground for children, a dinosaur park, skating ring, fountains and multimedia attractions. Galeria Harfa has also a two-level parking garage for over 1,600 cars.

Major tenants at Galeria Harfa include the Interspar supermarket (over 4,800 sq m), Marks & Spencer, H&M , C&A, KappAhl, New Yorker, Esprit, Intersport, Pure Fitness, RTV AGD Datart, Humanic, Rossmann, Camaieu, Sephora, Springfield, and Vero Moda.

Future expansion plans next to the mall include an office park and a hotel with conference centre.

GLOBE TRADE CENTRE S.A. (GTC S.A.) is one of the leading developers in the New Europe and was established in 1994 in Warsaw. Currently it operates in Poland, Hungary, the Czech Republic, Romania, Serbia, Croatia, Slovakia, Bulgaria, Russia and Ukraine.

GTC develops projects and manages completed properties in three key sectors of real estate: office buildings and parks, retail and entertainment centers and residential sector.

GTC has developed about 800,000 sq m of net space and currently is the owner of completed commercial property with a combined net area of about 530,000 sq m. GTC also holds an impressive portfolio of investment at various stages of development which will facilitate the construction of 1.7 million sq m of commercial and residential space. GTC’s total assets exceed EUR 2.7 billion.

GTC’s shares are listed on the Warsaw Stock Exchange on the prestigious WIG20 index. The company’s shares are also included in the international MSCI index and Dow Jones STOXX Eastern Europe 300 index, as well as the GPR250 index which comprises the 250 biggest and most liquid real estate companies of the world. Among GTC’s shareholders are many of the biggest Polish and international institutional investors.