Colliers wins PM and FM mandate of Codic’s Budapest office project

25
Oct
2021
News - Colliers wins PM and FM mandate of Codic’s Budapest office project #Budapest #CODIC #Colliers #facility management #Hungary #office #property management

by Property Forum | Office

As of September 2021, Colliers is responsible for the property and facility management services of Green Court Office, a new, Class A office development by Codic, located on Dózsa György út.


“We are proud and happy for the new mandate, and excited to work on such a remarkable property. With our on-site team, we will provide the 20,200 sqm area with the highest quality management, with tailored services. With this instruction, Colliers is now managing over 220,000 sqm property in Hungary,” said Katalin Honi, Head of Property and Facility Management at Colliers Hungary.

Colliers previously had multiple successful transactions with Green Court Office. In early 2020 during a co-agency mandate, the real estate consultancy successfully leased 11 300 sqm office space for a multinational, market leader company in alcoholic beverages, and in 2021 they advised Vagheggi, Italy’s leading professional phytocosmetics brand in a 300 sqm showroom and flagship store leasing transaction.

“We are happy that Colliers will manage our complex buildings and shared internal courtyard with the residential condominiums as Property and Facility Manager. We are confident that working with the dedicated team of Colliers will meet the needs of our prime tenants,” said Pál Szilvási, Project Manager of Codic Hungary

Green Court is a mixed-use project, located on Dózsa György Road, in an area well equipped with public transport connections. The project incorporates Green Court Office, a 20,200 sqm GLA office building, and Green Court Residences, two residential buildings with 275 apartments. 

Green Court Office is a prime Class A+ office complex offering large and efficient floor plates of 1,300 sqm, each with access to private terraces overlooking the spacious garden. DPi Design is the architect of this nearly-zero-energy, sustainable building designed to become BREEAM Excellent certified. 

 




Latest news


New leases

  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • 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.


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