Living starts final phase of resi project in Budapest

16
Jul
2025
News - Living starts final phase of resi project in Budapest #Budapest #Hungary #Living #Park West #Park West Rise #residential #Tibor Tatár

by Property Forum | Residential

Residential developer Living has announced the launch of sales for Park West Rise, the fourth and final phase of its Park West residential park. 


This new phase introduces 195 modern, energy-efficient apartments in downtown Budapest’s rapidly developing Ferdinánd Quarter, District 13. The project includes nearly 900 units in total.

“The first phase of the Park West residential park was completed in 2022. Since then we have delivered phase two, and phase three will be ready this year – this shows that there is a strong demand for high-quality apartments with great transport infrastructure near the city centre,” stated Tibor Tatár, Head of Wing’s residential and office development division in Hungary. 

Park West Rise prioritizes comfort and sustainability, offering smart homes controllable via an app, with options for smart home packages at no additional charge up to a certain development stage. 

Residents will benefit from environmentally friendly solutions like a modern heat-pump system, surface heating and cooling, triple-layer glazing, and 15-cm thick heat insulation. 

The development also includes popular community features such as a community lounge, business corner, and parcel locker, enhancing the everyday lives of apartment owners. 

The number of Living apartments delivered since the company’s establishment in 2017, including those currently under development is close to 2,000, with more than 1,700 apartments already sold.




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  • 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.


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