Futureal launches Corvin Promenade’s last office project

14
Oct
2019
News - Futureal launches Corvin Promenade’s last office project #Budapest #development #Futureal #Hungary #office

by Property Forum | Office

Futureal Group has started the development of the final office complex on Corvin Promenade in Budapest, Hungary. Corvin7 developed in two phases will offer nearly 30,000 sqm of gross leasable area (GLA) in the immediate vicinity of Corvin Offices.


Corvin Quarter, Central Europe's largest urban regeneration project will soon be expanded with a unique office building. The development takes place at the intersection of Szigony, Tömő, Apáthy and Balassa Streets. The first phase of the nine-storey complex will provide 15,800 sqm of GLA, while the second will have 13,800 sqm of GLA.

The building is surrounded by a dimensional "veil" that divides the facades with its horizontal ledge system, while its dynamic lamella system is giving the complex a playful presence. Corvin7 has been designed and will be operated according to BREEAM and WELL Building (WELL) certification system to ensure it has a positive impact on the well-being and health of the people that work there. Out of the Corvin Offices, Corvin7 has got the easiest access to the two nearest metro stations. Corvin Promenade also offers plenty of services including a fitness-wellness centre, cafés, a laundry, restaurants and a beauty salon in the immediate vicinity of Corvin7.

In the fully accessible office building, staircases will not be located next to the elevators in order to maximize natural light and to ensure a healthy work environment. The building's highly advanced mechanical system and its unique UV filters will provide the cleanest air in Budapest, while the activated carbon filter system will neutralize any unpleasant odours.

The office complex has been designed to meet the expectations of the digital age, while a huge emphasis will be put on creating a green environment. From the main lobby, there is direct access to a 3000 sqm inner garden functioning as a social space for employees. Internal gardens, balconies and roof terraces will be built not only on the ground floor but also on different floors, therefore each rental area has its own terrace area. Inside Corvin7 exotic plant decorations and mediation corner ensure employees’ comfort and well-being. Bicycle storage, separated showers and lockers will also be available.

„Corvin7 is going to be a key milestone in the success story of Corvin Promenade. This is the last chance for tenants to move into the brand new, state-of-the-art office complex right next to one of Budapest’s most iconic and ground-breaking public area,” said Gábor Futó, Founder of Futureal Group.




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  • 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.

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  • 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.
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