Futureal tops out final phases of Budapest office project

27
May
2021
News - Futureal tops out final phases of Budapest office project #Budapest #construction #development #Futureal #Hungary #office

by Property Forum | Office

Futureal’s Budapest One office park has achieved another major milestone in its development, as the second and third phases of the complex have reached their highest point. Budapest One will house both Vodafone's new headquarters and BT's regional service centre.


Following the completion of the 25,000 sqm first phase handed over in early 2020, the two projects, developed simultaneously, will realise another 40,000 sqm of office space, nearly 3,500 sqm of commercial and service space, and almost 2,500 sqm of green space. The tenants can move to the two new phases in the second half of 2022.  

“Once it is completed, Budapest One office park will expand the capital's office market with a total of more than 65,000 sqm of leasable area. Based on our experience, tenants would like to get back to normal operation as soon as possible. However, due to the coronavirus epidemic, the expectations of the employees have changed, therefore companies must focus on spaces that encourage creativity, collaboration and provide a comfortable, healthy and safe environment. As a result, there is still a strong market demand for office buildings that provide high-quality and human-centred solutions,” emphasized Tibor Tatár, CEO of Futureal.

"I am very pleased that all the walls of BT's future office are already in place," said Péter Győri, BT's country host. “The completed building is going to meet the 21st-century expectations raised by a modern, wellbeing-focused company and its colleagues today. I am sure that the office represents the highest standard, both technologically and in terms of construction, exactly what we want BT's headquarters in Hungary to be.”

Regarding the design of Vodafone's new headquarters, Zsuzsanna Tóth, Deputy Chief HR Officer at Vodafone said: “When choosing our new headquarters, we were looking for a building that is modern, therefore it corresponds to today's architectural solutions, and it also properly represents Vodafone as an innovator in information technology and telecommunications. Budapest One meets all aspects set by us, so there was no question that we wanted to create the workplace of the future here: a workplace that provides our colleagues with an inspiring environment that supports both their mental and physical well-being. It was also an important aspect that we should be able to demonstrate our latest, most innovative technologies in our new headquarters. In the coming months, we will be working with our colleagues and partners to create the most suitable office environment for the employment of the future.”

In addition to the BREEAM green building sustainability rating system, the office park designed by Paulinyi & Partners architecture studio was one of the first in Hungary to obtain the international WELL Building Platinum pre-qualification, which recognizes aspects that have a positive impact on employee health and well-being. In response to market needs, Futureal has launched its Stay Safe initiative. Under the program, new health protection regulations and technological solutions are applied during the development of Budapest One. At the top of the entire building complex, a nearly 500-meter, panoramic tartan running track will also be available to workers. In the new underground garage, not only electric cars but also electric bicycles and e-scooters can be charged.




Latest news


New leases

  • HS Hydro & Spa has leased space at Logicor Bucharest III Pallady, in a deal brokered by iO Partners.
  • Piața 9 will open its first Bakery P9 location in Bucharest, on a 200 sqm area located on the ground floor of Victoria Center office building. The deal was brokered by Colliers.
  • A new KIKO MILANO store has opened at the Nový Smíchov shopping centre in Prague, as part of a lease transaction brokered by Cushman & Wakefield.

New appointments

  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.


Latest news

News - Romania’s housing completions dip 3.1% in 2025
12
Mar
2026

Romania’s housing completions dip 3.1% in 2025

by Property Forum
Romania’s residential construction sector recorded a 3.1% contraction in 2025 compared to the previous year. The total number of completed dwellings reached 59,062, marking a decrease of 1,916 units from the 60,978 reported in 2024, according to provisional data provided by the National Institute of Statistics (INS).
Read more >
News - AFI Arad achieves LEED Gold for all four retail buildings
12
Mar
2026

AFI Arad achieves LEED Gold for all four retail buildings

by Property Forum
AFI Romania has announced that all four buildings within the AFI Arad retail park have achieved LEED Gold certification. The certified buildings include AFI Arad Strip Mall, AFI Arad McDonald's, AFI Arad Leroy Merlin and AFI Arad Shopping Gallery.
Read more >
News - One United Properties enters US market with Nashville land buy
12
Mar
2026

One United Properties enters US market with Nashville land buy

by Property Forum
Romanian developer One United Properties has announced its Board of Directors approved a strategic framework for phased entry into the US residential real estate market, by completing its first land acquisition in the Nashville metropolitan area.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy