MOL to build 120 meter high HQ in Budapest

03
Oct
2017
News - MOL to build 120 meter high HQ in Budapest #Budapest #development #Hungary #office

by Import Sys | Office

MOL Group announced its plans to relocate its corporate headquarters by 2021 to MOL Campus, the company’s new 83,000 sqm office, which will be designed by UK-based Foster + Partners. The 120 meter high building, which will be the future workspace for up to 2500 employees, will be located within the new BudaPart quarter, on the banks of the Danube in the southern part of Budapest. MOL Campus is set to become the tallest commercial building in Hungary.


Currently MOL headquarters is scattered throughout five districts in Budapest, in buildings mostly constructed during the 1970s. The new campus will not only generate substantial operational synergies through the relocation of all Budapest staff, but will also play an essential role in redesigning the employee experience, enhancing collaboration and helping to create a superior physical, technological and cultural environment. This will be crucial in attracting and retaining a high quality, mobile and tech savvy workforce in the future.

The 83,000 sqm office building will integrate a 120-meter high tower with a podium to create a unified campus, anticipated to open by 2021. The new headquarters will provide an inspiring workspace for MOL’s employees with modern amenities, which embrace the latest architectural trends and cutting-edge technology. Foster + Partners is known for iconic projects such as Apple Park in Cupertino, the Gherkin tower in London and Commerzbank headquarters in Frankfurt. Budapest will be the second city in Central and Eastern Europe to host a building designed by this prestigious studio, next to the Warsaw’s Metropolitan Office and Varso Tower, currently under construction. The Hungarian partner of the UK-based architectural studio will be FintaStudio.

In line with MOL’s vision for 2030, the new campus will feature the highest standards of energy efficiency and sustainability and aims to obtain both LEED and BREEAM qualifications.

Cover image: DBOX for Foster + Partners / MOL




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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