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.  




New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • 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.

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.

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