ExxonMobil to lease 27,500 sqm from GTC in Budapest

24
Oct
2019
News - ExxonMobil to lease 27,500 sqm from GTC in Budapest #Budapest #CBRE #GTC #Hungary #lease #office

by Property Forum | Office

ExxonMobil’s Global Business Services Center has signed a lease, agreeing to occupy GTC’s entire Pillar office building, which is currently under construction and due for delivery early Q1 2022. This is the largest deal in an office building that is already under construction in the history of Hungarian office transactions. CBRE represented ExxonMobil in this record-breaking transaction.


ExxonMobil, being the sole tenant to occupy the building in the future, was involved in both the design and construction phases. Regular consultations between the parties ensure that Pillar is tailored to the tenant’s needs, ranging from environmentally conscious green solutions through electric vehicle charging facilities, restaurants, planned in-house daycare facilities for children, to other comfort services.

“Pillar will not only be an office building developed by the latest technology but also a place where people working for ExxonMobil will enjoy the time spent within the office, common areas, garden, restaurant, coffee shop and the gym. I am so happy I can be part of this amazing project with ExxonMobil. Signing the lease agreement is only a mid-station of the GTC ExxonMobil journey, that started 17 years ago,” says Bori Gedai Deputy Country Manager of GTC Hungary.

“We are proud of this significant milestone in the history of ExxonMobil Global Business Center Budapest. After having celebrated our 15 year anniversary earlier in 2019, we have now signed the lease agreement for a great new office building, which will enable ongoing growth and confirms ExxonMobil’s long term commitment to Hungary,” says Romke Noordhuis, Managing Director of ExxonMobil GBC Hungary.




Latest news


New leases

  • XXS GYM has signed a lease for over 850 sqm of space in the modern O3 Business Campus office complex, located on Opolska Street in the northern part of Cracow.
  • Alior Bank has extended its lease at Ocean Office Park B in Kraków to accommodate its Private Banking Department. The deal, supported by brokerage firm CBRE, marks the final stage of a two-year consolidation of the bank's Kraków operations. Following the expansion, the bank occupies approximately 7,000 sqm within the Cavatina Group-owned complex.
  • TriGranit has finalized a lease extension with Mondelez Europe Services to remain in the Signum Work Station building through 2032. Facilitated by broker CBRE, the agreement secures nearly 4,000 sqm of office surface for the global snacks group member within Warsaw’s Mokotów district.

New appointments

  • 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.
  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.


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