Futureal develops its largest office project in Budapest

09
May
2018
News - Futureal develops its largest office project in Budapest #Budapest #development #Futureal #Hungary #office #WELL

by Property Forum | Office

Futureal Group is developing its biggest office project in Budapest, next to Hungary’s largest multimodal transportation hub. Budapest ONE Business Park will expand the capital’s office market with more than 65,000 square meters of GLA. The first phase of the WELL Building Platinum pre-certified complex designed as a ribbon building will be handed over in H2 2019.


The first phase of Budapest ONE, with a total GLA of 65,400 square meters will provide nearly 25,000 square meters of office and 2,600 square meters of commercial and service space.
 
Budapest ONE is being built in an area that is not only close to the city center but that can be accessed in 40 minutes from the south suburban areas and the nearby bigger cities. According to estimations, nearly 165,000 people use the Kelenföld terminal of metro line 4, the railway station and the bus station every day at this district of Budapest, called Őrmező.
 
“Beside the unique design, location is becoming more important for tenants, which makes areas close to the underground lines more valuable, especially the ones that also offer an employee focused service environment. Due to the shortage of workforce, companies can apply attractive offices as direct recruitment tools. Budapest ONE can be accessed within 10 minutes from the city center by direct connections. With its forward-looking solutions the office complex gives an answer for changing market demands,” said Tibor Tatar, CEO of Futureal.
 
The office complex obtained the international WELL Building Platinum Precertification among the firsts in Hungary. WELL focuses on the beneficial impacts on employees’ health and well-being, examines the buildings’ impact on human body, health and well-being.
 
Budapest ONE will be equipped with energy-saving, intelligent central building management system, the walls will be painted with calming colours. A meditation room, a green roof garden, bicycle storage with shower, nanotechnology carwash, rooftop running track will also be available, and employees will have the opportunity to charge their electric cars and to collect waste selectively.
 
Restaurants, cafés, ATMs, a post office, a grocery shop, a hairdressers and a cleaner will all be located on the ground level of Budapest ONE. The Etele Plaza shopping and entertainment center, which will be located a few minutes’ walks from the office building, will also provide several entertainment possibilities. As well as fashion stores, it will also accommodate a large supermarket, multiplex cinema and a range of entertainment facilities.



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New leases

  • 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.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

New appointments

  • 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.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.


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