Futureal to realise Hungary's first WELL certified office building

02
Mar
2017
News - Futureal to realise Hungary's first WELL certified office building #Budapest #development #Futureal #Hungary #office

by Ákos Budai | Office

Futureal Group’s Advance Tower is getting closer to becoming the first office building in Hungary obtaining the Well Building Standard (WELL) certification. The International Well Building Institute’s system examines buildings’ impact on human body, health and environment and rates them based on 7 categories – air, water, nourishment, light, fitness, comfort and mind. The pre-qualification process of Advance Tower that will be built on Váci Road has already started. All further office projects of Futureal Group will be realized in line with the requirements of the Well Building international standard. 


Air pollution contributes to 7 million premature deaths worldwide but physical inactivity is similarly dangerous. Most of the office workers performing sedentary jobs obtain only 6-10 minutes of moderate-intensity physical activity a day instead of the recommended daily 30-minute minimum of moderate-intensity physical activity. According to the research of the World Health Organization (WHO), 2.7 million deaths worldwide can be attributed to insufficient fruit and vegetable intake, making this problem one of the top 10 risk factors that contributes to global mortality.

For modern buildings that contribute to the effectiveness of employees, besides the environmental considerations and energy requirements, it is of great importance that the office has a positive effect on employees’ health as well. Developers need to take the required factors into account during planning. The Well Building Standard (WELL) rates and acknowledges these aspects and thus helps creating office buildings that have a beneficial impact on employees’ health, well-being and comfort, besides the environmental protection.
 
Advance Tower, located on the Váci Road corridor, will be the first among Futureal Group’s Hungarian projects that has been be designed to meet the Well Building Standard’s requirements. The building’s pre-qualification for the WELL certification is already in progress. Futureal Group will keep the Well Building Standard’s requirements in mind during its forthcoming office development projects including Corvin 5 as well as Budapest ONE Business Park. 
 
The 6-storey, Class A building, located in district 13, also acquired a BREEAM certification. Advance Tower bears 11,900 square meters of gross leasable area (GLA) and will be realized through an investment that has a total value of €36 million (HUF11,2 billion).   



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New leases

  • Golden Star Estate has secured lease agreements totalling around 2,400 sqm at Warsaw-based Oxygen Park. Puerta has joined as the operator of the SZAWA conference centre, occupying over 650 sqm of training and event space. Additionally, fish product manufacturer Vicziunai-Pol Spółka leased nearly 140 sqm. Existing tenants Parker Hannifin, Diasorin Poland, and Nieruchomości Plus all extended their stays, maintaining a combined footprint of over 1,550 sqm.
  • BearingPoint has relocated its Bucharest office to Vastint’s Timpuri Noi Square, in a deal brokered by Griffes.
  • Lagardère Travel Retail has renewed its 2,300 sqm office lease for its HQ at the Bucharest-based Globalworth Campus, in a deal brokered by Cushman & Wakefield Echinox.

New appointments

  • 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.
  • Colliers Hungary has appointed Balint Laszlo as Director and Head of Design & Build. Laszlo brings over a decade of expertise in technical project management and fit-out execution, with a specific focus on the office and industrial sectors. He previously served as Head of Fit Out at Futureal Group, where he managed project execution, technical delivery, and cross-functional collaboration. His professional background also includes site management and commercial leadership roles.


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