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

  • Banca Transilvania has renewed its lease for 1,200 sqm in AFI Park Timișoara, in a deal brokered by Cushman & Wakefield Echinox.
  • Revetas Capital has secured four lease transactions totalling 5,700 sqm of gross leasable area at the Bonarka for Business (B4B) office park in Kraków. The transactions include a new lease agreement with telematics firm Geotab, alongside three lease renewals. Geotab has taken up office space in Building E of the complex. Concurrently, KION renewed its commitment to 4,000 sqm of office space within the same building. The remaining two lease renewals were finalized for spaces in Buildings F and D. Cushman & Wakefield represented Geotab, and JLL advised KION on the deals.
  • Sirowa Poland has relocated its office in the revitalised mixed-use Centrum Praskie Koneser complex. The international distributor of cosmetic and pharmaceutical brands leased 958 sqm in Building P at the development, in a deal brokered by Savills.

New appointments

  • 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.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.


Latest news

News - Matexi Polska raises €25 million through bond issue
12
Jun
2026

Matexi Polska raises €25 million through bond issue

by Property Forum
Matexi Polska Holding & Finance has completed its first corporate bond issue worth PLN 105 million (€25 million).
Read more >
News - SCF enters Romania with €40 million retail park deal
12
Jun
2026

SCF enters Romania with €40 million retail park deal

by Property Forum
Czech investment group SCF has completed the acquisition of two Romanian NEST retail parks from developer RC Europe for nearly €40 million. The transaction marks SCF's entry into its fourth country, expanding its Central European retail portfolio beyond the Czech Republic, Poland and Slovakia.
Read more >
News - Strabag acquires Romanian railway firm Bawi Construction
12
Jun
2026

Strabag acquires Romanian railway firm Bawi Construction

by Property Forum
Construction group Strabag SE has signed an agreement to fully acquire Bawi Construction, headquartered in Bucharest, in a bid to strengthen its position in the European railway infrastructure business.
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