News Article 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.