CEE developer Globe Trade Centre has announced the appointment of Thomas Kurzmann as new Chief Executive Officer, effective August 2014.
CEE developer Globe Trade Centre has announced the appointment of Thomas Kurzmann as new Chief Executive Officer, effective August 2014.
GTC, which is 29.9% owned by US private equity group Lone Star, said the appointment reflects its new strategy aimed at creating value from active management of a growing commercial real estate portfolio in CEE and SEE regions, supplemented by selected development activities.
Thomas Kurzmann, an Austrian native, is an experienced commercial real estate expert with a successful managerial record in both Poland and Central and Eastern Europe.
Since 1986, he has spearheaded key projects and strategic shifts in real estate companies, most recently as the CEO of Europolis, and head of real estate corporate business at Volksbank.
Warsaw-listed GTC operates in Poland, Hungary, the Czech Republic, Romania, Serbia, Croatia, Slovakia, Bulgaria, Russia and Ukraine. The company currently manages a combined 596,000 m2 of completed and operational commercial space with total assets of over €1.8 bn.
