GTC moves to green energy use at commercial buildings in Bulgarian portfolio

Electrohold Trade has agreed to supply GTC's Advance Business Center I and II buildings in Sofia with electricity generated from 100% renewable sources, the Polish company said in a press release.

The other three commercial buildings in GTC's portfolio in the Bulgarian capital - Sofia Tower I and II buildings as well as Mall of Sofia, will start being supplied with renewable power in 2023.

As much as 88% of the company's portfolio was ecologically certified as of end-2021, according to its ESG report. GTC is already feeding power from renewable sources to all properties in its portfolio in Romania.

GTC's assets comprise 44 commercial buildings, of a combined area of some 758,000 sq m, located in Poland, Hungary, Romania, Serbia, Croatia and Bulgaria. It has a development pipeline of 460,000 sq m in Central and Eastern Europe, including 51,000 sq m under construction.