Warsaw, 21 March 2022: Expanding on the success of its project in Zagreb, GTC is set to further develop the Matrix Office Park by adding another building to the complex. The third building, Matrix C, which received a building permit earlier this year, will be the newest extension to Zagreb’s most modern and sustainable business center. Just like the previous two, Building C is meant to provide innovative office space, while maintaining a high ecological standard for an international tenant mix.
The first two buildings of the Matrix Office Park which is located on the edge of the business district of the Croatian capital were completed in 2019 and 2020 respectively, and currently provides approximately 21,280 sq m of modern, sustainable commercial office, retail, storage, and parking space, available for rent by both the local and international business community. Avenue Mall and Avenue Center in Zagreb, which provide class A office space and facilities located close to the city center, along with a shopping mall in one of the busiest intersections in Croatia, are another example of the company’s successful presence on the Croatian commercial property market.
Following the success of the first two buildings in the Matrix Office Park, which are both at 95% leased, GTC has decided to further expand its presence on the Zagreb market by developing Building C. The new area will add approx. 10,500 sq m of gross leasable area with high-quality office space, retail shops, bicycle storage and other services and amenities. The building will additionally provide on-site, under, and overground parking for 250 vehicles and electric vehicle charging lots.
Sustainability and minimalizing the environmental impact are both important aspects of the company’s operations, with GTC continuously putting a lot of effort into assuring the ecological construction and functioning of its properties. The Matrix Office Park new building is no exception to that. Buildings A and B have already been awarded LEED Platinum certificates, expanding GTC’s portfolio of green projects. The new building is set to become another sustainable business hub for Croatian and international residents. Upon completion, Matrix C will DGNB Gold certified.
– I’m very glad that our Croatian portfolio is growing so rapidly and can present outstanding results within the CEE market. The new building, in a modern business complex, like Matrix Office Park, is a great opportunity for GTC to further expand and lead the way in the development of the real estate market in Zagreb and the market itself to grow in new directions. The new building is also a great opportunity to strengthen our valuable relationship with tenants and provide them with sustainable solutions, which are now necessary more than ever, in every aspect of life and business – says Arn Willems, GTC Managing Director Croatia.
The Matrix Office Park is already attracting a very well-known, international tenant mix from various industries. These include tenants from the fashion, retail, financial services, and IT sectors, many of whom are looking to expand further within the Matrix Office Park. This will allow for the park to become a truly modern hub for many, diverse cultures and industries, with the comfort and safety of the residents at the forefront of its operation. The shell & core of the building is scheduled for completion in Q2 2023 ready for the fitting out of tenant areas.
About GTC
The GTC Group is a leading real estate investor and developer focusing on Poland and capital cities in Central and Eastern Europe. During 25 years of its activity, GTC has developed 77 high standard, modern office and retail properties with a total area of approx. 1.4 million sq m through Central and Eastern Europe.
GTC now actively manages a commercial real estate portfolio of 44 commercial buildings providing over 761 ths. sq m of lettable office and retail space in Poland, Hungary, Bucharest, Belgrade, Zagreb and Sofia. In addition, GTC has a development pipeline of approx. 400 ths. sq m retail and office properties in capital cities of Central and Eastern Europe, 36 ths. sq m under construction.
GTC S.A. is listed on the Warsaw Stock Exchange and inward listed on the Johannesburg Stock Exchange.
In 2021, GTC issued its first ESG report, covering the Group’s activity across 6 CEE markets for 25 years. The report is available at www.esg.gtc.com.pl/en
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Julia Laptyonok
Hill+Knowlton Strategies
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Agnieszka Szczurek
Hill+Knowlton Strategies
Agnieszka.Szczurek@hkstrategies.com
+48 695 898 208