GTC to expand Center Point office campus in Budapest

GTC has acquired new development land at Váci út 85 adjacent to its Center Point office campus in Budapest. The new project will be called Center Point 3 and will add 35,500 sqm of office and commercial space to the flagship Center Point scheme. With this acquisition, GTC reinforces its position as the leading developer on the Budapest property market. “This year we celebrated the opening of GTC White House, which increases the entire Budapest office portfolio to 141,000 sqm. The acquisition of this land on Váci út 85 will further strengthen our market position and secure further growth in Budapest as one of the most attractive office markets in the region,” said Thomas Kurzmann, GTC’s CEO.