Globe Trade Centre SA (GTC) has signed an agreement under which Samsung Electronics Poland has increased its rented office space in the University Business Park building in Lodz, Poland.

Samsung Electronics is the global leader in developing new technologies, telecommunications and consumer electronics. Company has increased its office space in city of Lodz by more than 737 square meters. In total, the company leases 1 850 square meters of gross office space. Samsung Electronics Poland will remain in the Lodz office building at least until 2018.

University Business Park is a modern A class office building completed in 2010. It offers a total of 18 500 square meters of accessible space. In addition to Samsung Electronics Poland, companies such as Accenture (1 700 square meters), Mobica (1 200 square meters) and PKP Polish State Railways (over 900 square meters) are housed in the seven-story office tower. Not only modern, but also beautifully located, right in the city center – by the Wolczanska 178 street, close to Lodz University, Manufaktura shopping mall and Atlas Arena sports and entertainment venue, the office building is enjoying continuing popularity among tenants.

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GLOBE TRADE CENTRE S.A. (GTC) is one of the leading developers in Central, Eastern and Southern Europe. The company was established in 1994 in Warsaw, Poland. Currently GTC 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 centres and residential. To date, GTC has developed approximately 950,000 sq m of net commercial and 300,000 sq m of residential spaces. The company currently manages a combined 602,000 net sq m of completed and operational commercial space (of which the Group’s proportional interest amounts to 548 thousand sq m). GTC also holds an impressive portfolio of investment projects at various stages of development. Those will facilitate the construction of 1.1 million sq m of commercial space and 615,000 sq m of residential space. GTC S.A.’s total assets exceed EUR 1.9 billion. GTC S.A. is listed on the Warsaw Stock Exchange on the prestigious WIG20 index. The company’s shares are also included in the international Dow Jones STOXX Eastern Europe 300 and the GPR250 index, which comprises the 250 biggest and most liquid real estate companies of the world. Also, GTS S.A. is listed on the FTSE EPRA/NAREIT Emerging Index. GTC S.A.’s shareholders include many of the biggest Polish and international institutional investors.