Atenor hands over last building of Budapest office complex

15
Oct
2020
News - Atenor hands over last building of Budapest office complex #Atenor #Budapest #development #handover #Hungary #office

by Property Forum | Office

The sixth and last building of the Váci Greens office complex in Budapest, the 23,445 sqm Building “E”, has received the final occupancy permit. With this, Atenor’s flagship project in Budapest is completed.


102,000 sqm of the total 123,000 sqm of office space has already been leased to leading multinational tenants, and 5 out of 6 buildings have been sold to domestic and international investors. The development was financed the Belgian developer’s own equity.

The 15,789 sqm “A”, 24,769 sqm “B”, 18,405 sqm “C” and 15,647 sqm “D” office buildings have been 100% occupied for years, the 23,445 sqm Buiilding “E” is 40% leased and the 25,052 sqm Building “F” is 73% leased. The tenants of the office park currently employ nearly 8,500 people. With the full leasing of the last phase, the number of employees will increase to 12,000-13,000.

Within the campus, there are 23 different ground floor services: in addition to many restaurants and cafes, a medical centre, a bank, fitness and wellness providers offering sports facilities, a clothing store, a furniture store, an optics, a bakery, a grocery store, a drugstore and various customer services.

The Váci Greens “A”, “B”, “C”, “E” and “F” office buildings were designed by TIBA Architect Studio, and Building “D” was designed by Vikár and Lukács Architect Studio.




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New leases

  • iLogic, an official distributor of Delphi Tools, has leased 3,400 sqm of modern space at MLP Wrocław. This transaction completes the commercialisation of the 66,000 sqm warehouse complex. BNP Paribas Real Estate Poland supported the tenant during the negotiation and lease agreement process.
  • The Chief Inspectorate for Environmental Protection has leased 4,600 sqm of office space in the refurbished HOP building, part of the Syrena Real Estate portfolio, in Warsaw. The company has been operating from its new address since January 2026.
  • Bel-Pol, a leading provider of flooring and doors, has leased more than 5,600 sqm of logistics and office space at Panattoni Park Warsaw North III. Axi Immo provided comprehensive tenant representation throughout the process.

New appointments

  • NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.
  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.


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