GTC has announced that it fully leased the Topaz office building with 11k sqm in the Mokotow area in Warsaw a month ahead of the official opening. GTC secured top tenants such as Cisco, Motorola, Honeywell and Roche. Note that GTC is planning the construction of a similar building close to Topaz with 15k sqm. We take the news as positive, given the full occupancy achieved before the opening. We reiterate our Buy recommendation for the stock.