Warsaw-listed real estate company Globe Trade Centre (GTC) is investing EUR 40mln to develop a shopping centre in the Croatian city of Osijek. The company's first shopping centre in Croatia, 'Avenue Mall Zagreb', was fully let months before opening, spurring GTC to press ahead with its plans to develop an 'Avenue', comprising 26,000 m[sup]2[/sup] of gross lettable area, in Osijek. GTC has purchased a four-hectare plot two kilometres from the city centre for the scheme. Osijek, population 120,000, is the fourth largest city in Croatia.
Warsaw-listed real estate company Globe Trade Centre (GTC) is investing EUR 40mln to develop a shopping centre in the Croatian city of Osijek. The company's first shopping centre in Croatia, 'Avenue Mall Zagreb', was fully let months before opening, spurring GTC to press ahead with its plans to develop an 'Avenue', comprising 26,000 m2 of gross lettable area, in Osijek. GTC has purchased a four-hectare plot two kilometres from the city centre for the scheme. Osijek, population 120,000, is the fourth largest city in Croatia.
Colliers International Croatia has been named exclusive consultant and leasing agent for the project, as it was for Avenue Mall Zagreb. GTC is currently developing, either individually or with a partner, 17 shopping malls in Poland, the Czech Republic, Croatia, Romania, Serbia and Bulgaria.
