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

  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.
  • Yareal Polska has expanded the commercial offering at its flagship SOHO mixed-use development in Warsaw’s Praga-Południe district, securing three new lease agreements totaling nearly 500 sqm of ground-floor retail space. The developer has strengthened its tenant roster by signing pet supplies retailer Maxi Zoo, ceramics workshop Alike Pottery Studio, and coffee distributor Unroasted.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.


Latest news

News - Skanska sells Warsaw building for €159 million
03
Jul
2026

Skanska sells Warsaw building for €159 million

by Property Forum
Skanska has divested the second building of the office project Studio in Warsaw for €159 million, about SEK 1.7 billion. The buyer is Stena Real Estate AB. The transaction will be recorded by Skanska Commercial Development Europe in the third quarter of 2026, with the transfer of the property scheduled for the fourth quarter of 2026.
Read more >
News - Strabag to buy large office complex in Gdańsk
03
Jul
2026

Strabag to buy large office complex in Gdańsk

by Property Forum
Kingstone Real Estate has advised on and supported the acquisition of an office high-rise in Gdańsk by the Austrian Strabag Group, acting as transaction advisor and coordinating the due diligence and transaction process. The asset is the largest office building not only in the Tricity metropolitan area (Gdańsk, Gdynia, Sopot), but across all Polish regional cities.
Read more >
News - Scallier to open fully-leased Bolesławiec retail park in September
02
Jul
2026

Scallier to open fully-leased Bolesławiec retail park in September

by Property Forum
Scallier is developing a retail park in Bolesławiec, on Aleja Tysiąclecia Street within the city's retail district in its eastern part. For years, this area has been home to food service chains and grocery operators, strengthening its position as one of the region's retail destinations.
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