Codic’s Budapest office project gets certified

02
Oct
2020
News - Codic’s Budapest office project gets certified #BREEAM #Budapest #certification #Codic Hungary #development #green #KÉSZ #office

by Property Forum | Office

Green Court Office, a 20,000 sqm office building located in District 13 of Budapest has reached structural completion last week. A few days earlier, Green Court Office was awarded an interim BREEAM Excellent certification. The building is scheduled to be completed at the end of 2021.


Developer Codic Hungary, member of Codic International and constructor KÉSZ Építő és Szerelő Zrt., member of KÉSZ Group celebrated Green Court Office reaching its highest point with a topping-out event. In recent months, despite the pandemic situation, work has progressed at full steam. 65% of the office areas in Green Court Office has already been leased.

Green Court Office meets the requirements of a nearly zero energy building. The list of energy-efficient solutions includes the induction chilled beam with low energy consumption, the heat pump and the reuse of harvested rainwater. The property’s key feature is a double-skinned, ventilated glass façade that aims to increase visual and acoustical comfort, whilst reducing much of the cooling consumptions. The inlet of natural fresh air possible through openable windows located every 2.7 metres.

Codic is looking into the introduction of custom technical solutions, such as placing a sterilization filter in the mechanical system and implementing contactless access from the main entrance to the work stations.

Electric car charging stations have been installed in the underground garage and on the ground floor, in addition to 100+ bicycle parking racks with changing rooms and showers.

In a contract with District 13, Codic Hungary has undertaken the redevelopment of the office building’s surroundings with quality block paving, the construction of a new pedestrian crossing at the intersection of Kassák and Taksony streets, and the replacement of missing trees in adjacent public areas.

Green Court Office is a development of Codic Hungary, in partnership with Pesti Házak Zrt. and Picton Group AG.

Photo: György Palkó




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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