GTC, through its subsidiary GTC Croatia, is developing a shopping center of 26,000 sqm and A-class office space of approximately 7,000 sqm on a 1.7 hectare plot in Novi Zagreb district in the capital city of Croatia. Underground garage for over 1000 cars and storages are to occupy additional 34,500 sqm. The construction of Avenue Mall is scheduled to be completed in spring 2007. The shopping center is attractively located near city’s main communication arteries and is surrounded by area where citizens with higher income live.
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