According to Parkiet daily, 2.1 thousands sqm of office space in GTC’s property Zephirus, located in Warsaw is going to be occupied by pharmaceutical company NovoNordisk. Zephirus building is expected to be completed in August this year.
On the other hand Kingfisher has become a new tenant in GTC’s property Nothus, which is going to be the first completed building of Okecie Business Park complex, located in Warsaw. Overall Okecie Business Park, planned to consist of six buildings, should provide 54,000 sqm of lettable area.
We see the news as slightly positive but we do not expect it to have any impact on the stock trading today.