Atenor hands over new Budapest building

05
Mar
2018
News - Atenor hands over new Budapest building #Atenor #Budapest #development #handover #Hungary

by Import Sys | Office

The fourth phase of the Class A+ Váci Greens Office Complex, the 15,647 sqm, already 60% leased Building D has been handed over. The office campus located on Váci Road will be completed by Belgian developer Atenor within the next two-three years after last two buildings (E & F) are finished. The development is financed by Atenor’s own equity.


The first three buildings are fully let and the fourth one is already 60% occupied by leading multinational tenants. Moreover, in the last twelve months, Atenor sold all of its four buildings. Building D was purchased by a Hungarian investor.
 
The newest phase, Building D already has seven tenants. The first was Unilever who already moved in this January to its 3,800 sqm premises. AON, the world’s leading risk management, insurance, reinsurance, pension and human resources consulting signed for ca. 2,000 sqm and ATOS a counselling, system integration, cloud and managed services, business process outsourcing (BPO), Big Data and cybersecurity solutions, as well as transaction services provider also relocates here its 1,500 sqm operation.
 
The property management tender was won by Cushman & Wakefield and the facility management company is Uniszol. The co-exclusive letting agencies of the building are Cushman & Wakefield and Robertson.
 
Upon completion, the Váci Greens office complex will comprise 130 000 sqm of office area in six buildings. The complex already accommodates many large tenants who employ altogether close to 6000 people. With the handover of the last phases (building E & F) in the next 2-3 years, this number will double.



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  • Kenneth Cole New York has launched its European debut with a 200 sqm store in Prague’s Westfield Chodov shopping centre.
  • Galeria Askana in Gorzów Wielkopolski has significantly bolstered its retail mix by signing a lease agreement with HalfPrice for a unit exceeding 2,000 sqm. The off-price retailer, part of Grupa Modivo, is scheduled to open its doors at the end of August 2026. The project features a large-format layout with the potential to expand the footprint to nearly 2,700 sqm.

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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