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

  • The global fintech group - Capital.com - has extended its lease agreement for 3,000 sqm of office space in the Skyliner office building in Warsaw until 2032. Over the past 12 months, lease extension agreements for a total of nearly 12,000 sqm have been signed in the building.
  • REHAU, a global manufacturer of advanced polymer solutions, has signed a lease for approximately 4,100 sqm of space at MLP Business Park Poznań. The new facility will integrate warehouse operations with modern office space and a dedicated showroom for product presentations, corporate meetings, and technical training.
  • RecuNova has leased 305 sqm in the Bucharest-based Olympia Tower office building for a new medical clinic. The lease deal was brokered by Activ Property Services.

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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