Financial Highlights - GTC Group slide image

Financial Highlights - GTC Group

EXECUTION OF GROWTH STRATEGY Case study Sold Sold Sold in October 2020 Neptun Office Center, Gdańsk, Poland GTC White House, Budapest, Hunagry Spiral*, Budapest, Hunagry T Acquisition cost (Єm) 31.5 Investment cost (€m) 51.9 Investment cost (€m) 49.4 Acquisition Q3 2016 Completion Q2 2018 Sale Q4 2019 Sale Q3 2019 Completion Sale 2009 Q4 2020 GLA (sq. m) 16,100 GLA (sq. m) 21,600 GLA (sq. m) 30,600 At acquisition At sale At completion At sale 40% Value creation 35% Value creation At completion At sale 70 51.9 44 49.4 27% Value creation 62.7 31.5 2.6 Acquisition cost Invested after Fair value (Єm) acquisition (€m) (Єm) Investment cost (Єm) Source: GTC 42 | ANNEX II | Fair value (Єm) Investment cost (Єm) Fair value (Єm) (*) for Spiral all the numbers are in HUF, converted to EUR at HUF/Euro 360; GTC
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