Atenor completes Budapest building

10
Apr
2020
News - Atenor completes Budapest building #Atenor #Budapest #development #Hungary #office

by Property Forum | Office

Belgian developer Atenor completed the construction of Aréna Business Campus Building “A” in Budapest. The project, launched in spring 2018, will comprise four Class A+ environmentally conscious office buildings on 72,000 sqm on the capital’s Hungária Boulevard. The authorization of the occupancy permit for Building “A” is currently under process with the handover of the 21,000 sqm building scheduled for June. In parallel, the construction of the second, Building ”B” is in full swing and will be completed in Q2 2021.


“Atenor has been present on Budapest’s office market since 2008, and I can confidently say that it writes a unique success story because five buildings of our first local project, the six-building Váci Greens office complex, have been sold and 100,000 sqm of the total 123,000 sqm office space have been leased’, says Zoltán Borbély, Country Director of Atenor Hungary. “The leasing of Building “A” is in an advanced phase, we have signed lease contracts and letter of intents on nearly 40% of the building.”




Latest news


New leases

  • HS Hydro & Spa has leased space at Logicor Bucharest III Pallady, in a deal brokered by iO Partners.
  • Piața 9 will open its first Bakery P9 location in Bucharest, on a 200 sqm area located on the ground floor of Victoria Center office building. The deal was brokered by Colliers.
  • A new KIKO MILANO store has opened at the Nový Smíchov shopping centre in Prague, as part of a lease transaction brokered by Cushman & Wakefield.

New appointments

  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.


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