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January 26, 2023
BUSINESSCOMPANIESECONOMY

Ziv Gigi promoted to GTC’s Executive Director SEE Region

GTC announces that Ziv Gigi has been promoted to Executive Director Southeast Europe region. In his new role, he will be responsible for all operations of the office sector in Bulgaria, Romania, Serbia and Croatia.

He will be in charge of executing the company’s strategy and development plan, as well as all of its operational activities, including leasing and asset management. Ziv Gigi’s promotion is part of the company’s greater transformation to strengthen its country leadership to be more responsive to opportunities and challenges in local markets.

Ziv Gigi has more than 15 years of managerial experience in Central and Eastern European real estate markets, developing and managing 450,000 sq m of office and retail projects through his career with GTC. Commencing in GTC in 2008, Gigi served as a CFO for Bulgaria and Serbia, Country Manager of Romania and lately Country Manager of Bulgaria and Romania. In his current position, he will oversee all of the company’s operations in the office sector in Bulgaria, Romania, Serbia and Croatia.

“Throughout his time with GTC, Ziv has proven to be an exemplary leader, going above and beyond what is required. His promotion to Executive Director SEE region is a consequence of his exceptional performance as well as part of GTC’s transformation. The time spent with GTC has allowed him to gain an understanding of the company from the inside out, that is why I am positive that he is perfect for this role. His experience is priceless. With this nomination we want to strengthen the role of our regional leaders who best understand the local markets while keeping the continuity of our business based on almost 30-year of experience and providing strong support from the board of directors in day-to-day matters,” said János Gárdai, Chief Operating Officer of GTC and member of GTC’s Management Board.

“I am excited to begin a new chapter and pursue new ideas to strengthen our company’s position in the region. I am confident that my experience with GTC to date and time spent in the region will help me take over the role smoothly to even better support the company in growing the portfolio of brand-new projects and implementing operational excellence,” commented Ziv Gigi, new GTC’s Executive Director SEE region.

Apart from his impressive expertise in development and asset management, Ziv Gigi is a certified public accountant (CPA) with over a decade of financial management experience specializing in raising capital and strategic planning. Prior to joining GTC, Ziv worked as an auditor for Ernst & Young Israel, and as a financial manager for a private developer in Hungary and Turkey.

 

 About GTC

 

GTC Group is a leading real estate investor and developer focusing on Poland and capital cities in Central and Eastern Europe. During 28 years of its activity, GTC has developed 77 high standard, modern office and retail properties with a total area of approx. 1.4 million sq. m throughout Central and Eastern Europe.

GTC currently actively manages a commercial real estate portfolio of 44 commercial buildings providing ca. 758 ths. sq m of lettable office and retail space in Poland, Hungary, Romania, Serbia, Croatia and Bulgaria. In addition, GTC has a development pipeline of approx. 460 ths. sq m retail and office properties in capital cities of Central and Eastern Europe, of which 51 ths. sq m is under construction.

GTC S.A. is listed on the Warsaw Stock Exchange and inward listed on the Johannesburg Stock Exchange.

 

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