Granit Polus to launch new city centre development in Budapest

22
Nov
2017
News - Granit Polus to launch new city centre development in Budapest #Budapest #development #Gránit Pólus #Hungary #mixed-use #office

by Import Sys | Office

Granit Polus is about to transform the most valuable plot of land in Budapest by a large-scale mixed-use development. The new district will host office buildings, retail units, residential areas and hotels.


Granit Polus plans the development of a 320,000 – 450,000 sqm district on the 94,000 sqm plot of land neighbouring WestEnd City Center. The project will be designed by the latest ‘smart city’ concepts, the area will also include a huge park of nearly 2 hectares, where services, hospitality and entertainment will be presented so that the requirements of the Millennials and all users are met and exceeded.

The groundbreaking ceremony is scheduled for the last quarter of 2018.

"The excellent location and accessibility are highly appreciated in the real estate developments and we intend to capitalize on such advantages. We also put an emphasis, even from the pre-development phase, on a sustainable, environmental-friendly approach. It is our privilege to be able to create a new standard for the mixed-use development in the local and regional real estate development market after setting the grounds for WestEnd City Center 2 decades ago.” said Gyula Ágházi, CEO of Granit Polus.
Illustrations by Granit Polus.

 




Latest news


New leases

  • 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.
  • Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.

New appointments

  • 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.
  • NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.


Latest news

News - Corning expands to over 100,000 sqm at Segro Logistics Park Stryków
10
Apr
2026

Corning expands to over 100,000 sqm at Segro Logistics Park Stryków

by Property Forum
Segro is building a new, custom-fit facility for Corning Optical Communications, a provider of solutions for AI data centres and fibre to the home. Corning's existing operational base is being expanded with a third production and logistics building within Segro Logistics Park Stryków.
Read more >
News - Penta Real Estate and PSN secure permit for mixed-use project in Prague
10
Apr
2026

Penta Real Estate and PSN secure permit for mixed-use project in Prague

by Property Forum
Penta Real Estate and PSN have received a building permit for the Vinohradská 8 mixed-use project in Prague that will feature apartments, boutique offices and an active ground floor with shops and restaurants.
Read more >
News - Slovakia: Fewer easy wins, more specialised opportunities
10
Apr
2026

Slovakia: Fewer easy wins, more specialised opportunities

by Property Forum
The closing panel of Bratislava Property Forum 2026 highlighted a market navigating both maturity and transformation, with some segments approaching saturation while others continue to offer strong growth potential. Moderated by Martin Polák, Managing Director CEE at GARBE Industrial Real Estate, the discussion covered retail, logistics, offices, ESG, accessibility and data centres, outlining how shifting demand patterns and operational priorities are reshaping strategies across Slovakia and the wider CEE region.
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