Gestesa to construct €30 mln office building in Budapest
Spanish property developer Gestesa laid the cornerstone of a €30 million ($46.9 million) office building near Budapest’s Keleti Station on Wednesday.
The 27,000-square-meters building, to be build by Hungarian company KIPSZER, will be completed by the end of 2009. Gestesa earlier said it will cover one-quarter of the costs with its own resources and the rest from bank loans. Gestesa group head Javier Heredia Martinez said, they will soon start their second Hungarian project in Budakalász, near Budapest, where they will build houses.
Gestesa is already present in the region in Poland as well as Hungary, and it aims to enter the market in Slovakia and Romania. (MTI-Econews)
ADVERTISEMENT
Szijjártó: Nuclear Energy Key to Achieving Climate Goals
Varga in Talks With Big Firms on Global Min Corporate Tax Ra...
Wizz Air Celebrates 2.5 Millionth Passenger Flying From Debr...
Budapest Ranked 4th Best Autumn Getaway Spot in Europe
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
