Immofinanz leases 21,000 sqm of office space in Budapest

06
Apr
2021
News - Immofinanz leases 21,000 sqm of office space in Budapest #Budapest #Hungary #Immofinanz #lease #office

by Property Forum | Office

In Immofinanz's Hungarian portfolio, several lease agreements and extensions of almost 21,000 sqm have recently been completed. Thus, most of the company's local office buildings are currently fully leased.


Since beginning of this year, Immofinanz has concluded new (5,000 sqm) and extended existing leases (16,000 sqm ) on a total of 21,000 sqm in their office buildings in Budapest.

The myhive Thirteen | Globe office building's main tenant, operating in the public sector and leasing more than 11,500 sqm. extended its lease in the first quarter of 2021. The myhive Greenpoint 7 office building was also expanded by a new tenant from the developer sector, and an existing tenant , also from public sector, extended its 3,000 sqm contract. The occupancy rate of both myhive buildings became 100%. In the Office Campus located in South Pest, two existing tenants have also extended their nearly 1,500 sqm contract.

Last month, myhive Haller Gardens was chosen as an HQ by several new tenants, increasing the size of the leased areas by a total of 4,500 sqm. Most of them –  a pharmaceutical, a food packaging, a vehicle manufacturer and a development company –  chose the office building thanks to the visual design of the completely renovated building and the new myhive services adapted to the needs of the tenants.  




Latest news


New leases

  • Astellas Pharma has renegotiated its lease for offices at One Floreasca Bucharest in a deal brokered by Fortim Trusted Advisors, an alliance member of BNP Paribas Real Estate.
  • Czech furniture industry supplier Hranipex, a provider of edge banding, adhesives, cleaning products, and accessories, has leased nearly 3,000 sqm of warehouse space at CTPark Bucharest South. The company has relocated its operations to the new facility and is currently fully operational within the park.
  • Oracle has renewed its lease for 600 sqm of office space in Belgrade, in a deal brokered by iO Partners.

New appointments

  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.
  • 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.


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