GTC will debut on the Johannesburg Stock Exchange (JSE). The IPO is planned for Aug. 18, making GTC the first foreign business to join the local “Real Estate Holding and Development” listing.
The announcement comes just days after a pair of transactions in which the Polish developer took over Neptun Office Center and Sterlinga Business Center from Hines. Totaling 30,000 sqm of space, the office buildings are located in Łódź and Gdańsk.