GTC, a real estate unit of Kardan, said on Wednesday that it has pre-leased 17,000 m[sup]2[/sup] of office space in the Hungarian capital to Budapest Bank, a unit of GE Capital, the global finance unit of General Electric.
GTC, a real estate unit of Kardan, said on Wednesday that it has pre-leased 17,000 m2 of office space in the Hungarian capital to Budapest Bank, a unit of GE Capital, the global finance unit of General Electric.
The GTC Metro building, which is currently being developed by GTC, will house the bank's new headquarters from the second quarter of 2010. The company said the transaction was Hungary's major office leasing so far this year. C&W advised on the deal.
