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

  • XXS GYM has signed a lease for over 850 sqm of space in the modern O3 Business Campus office complex, located on Opolska Street in the northern part of Cracow.
  • Alior Bank has extended its lease at Ocean Office Park B in Kraków to accommodate its Private Banking Department. The deal, supported by brokerage firm CBRE, marks the final stage of a two-year consolidation of the bank's Kraków operations. Following the expansion, the bank occupies approximately 7,000 sqm within the Cavatina Group-owned complex.
  • TriGranit has finalized a lease extension with Mondelez Europe Services to remain in the Signum Work Station building through 2032. Facilitated by broker CBRE, the agreement secures nearly 4,000 sqm of office surface for the global snacks group member within Warsaw’s Mokotów district.

New appointments

  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.
  • 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.


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