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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  • 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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