CA Immo leases 12,000 sqm office space in Budapest

23
Feb
2017
News - CA Immo leases 12,000 sqm office space in Budapest #Budapest #CA Immo #Hungary #lease #office #tenant

by Ákos Budai | Office

CA Immo has concluded rental agreements for around 12,000 sqm of office space in Budapest. The agreements include new rentals as well as contract extensions and expansions of existing tenants.

Recently CA Immo has concluded rental agreements for around 12,000 sqm of office space in Budapest. Lease contracts were concluded for seven office buildings: Canada Square, Capital Square, IP West, R70 Office Complex, City Gate, Viziváros Office Center and the shopping centre in Győr, Dunacenter. Siemens, Deichmann, Puma and Develor are among the tenants involved in the office deals.
 
New tenants: all together 5 companies have signed for a total of 2 000 sqm in 4 office buildings, such as Viziváros Office Centerb, Capital Squar, Infopark A, IP West and Dunacenter shopping centre.
 
Extensions have been signed for 8 400 sqm. Among the tenants are Dante who has signed for 1600 sqm in R70, NXP also with 1600 sqm in IP West, Deichmann with 500 sqm in Dunacenter, Developer with 700 sqm in R70 and Puma who has extended its office space for 400 sqm in R70 building.
 
Expansions have been signed for a total of 1 400 sqm in R70, IP West, Infopark A, Canada Square office building and Dunacenter shopping centre. Siemens for instance has expanded for 370 sqm in IP West, occupying all together 5 800 sqm.



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New leases

  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.


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