GE CORPORATE & GE HEALTHCARE


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The Challenge

C&W have exclusively represented GE in Hungary since 2011. In 2013 GE Corporate advised C&W that they wanted to start a new SSC from Budapest - with an emphasis on future growth from that location, owing to their proposed future expansion.

 

GE Healthcare also decided to instruct C&W to explore re-locations away from their peripheral office at Törökbálint.


The Solution

GE Corporate: In essence this was a BtS operation. C&W undertook a comprehensive market search and identified 5 options for GE. Vaci Greens was the only option that could offer them the huge flexibility they required moving forward owing to the size of the scheme (circa 100,000 sqm when completed).

 

GE Healthcare needed C&W to identify the BtS options available to them in more central locations in order to ‘’recruit & retain’ their staff in the future.

 

C&W undertook a comprehensive market search and short-listed to 3 buildings. Vaci Greens was flagged as the preferred owing to its incredible efficiencies, desirable working environment and financials secured. The result is that GE Healthcare will re-locate from the outskirts of Budapest to 40% of  Vaci Greens Building C in June 2015.


The Results

C&W secured favourable terms for GE Corporate with very flexible growth solutions moving forward. The results are fantastic. GE Corporate occupy nearly the entire of Building A and are keen to grow in situ in the future,. Vaci Greens Building A is a BREEAM ‘”Excellent’’. The first office scheme in Hungary to receive such a prestigious accolade.

C&W undertook a comprehensive market search and short-listed to 3 buildings for GE Healthcare. Vaci Greens was flagged as the preferred owing to its incredible efficiencies, desirable working environment and financials secured. The result is that GE Healthcare will re-locate from the outskirts of Budapest to 40% of  Vaci Greens Building C in June 2015.

 

GE Corporate occupies nearly 11,000 sqm at Váci Greens Building A and GE Healthcare acquired circa 6,500 sqm at Váci Greens Building C.