New Telekom HQ in Budapest structurally complete

04
Dec
2017
News - New Telekom HQ in Budapest structurally complete #Budapest #development #Hungary #office #Wing

by Import Sys | Office

The development of Hungary’s largest office building to be constructed in a single block has reached an important milestone: the new Telekom Headquarters building is now structurally complete. Developer Wing Zrt, has customised the 100,000 sqm building fully in line with the specific needs of the Magyar Telekom Group.

Structural works have been completed on the new Magyar Telekom Headquarters building. The headquarters building will be completed in the second half of 2018, and the lease agreement with Magyar Telekom has a term of 15 years. The architectural designs for the headquarters building were made by TIBA Architectural Studio, and the construction work is being carried out by Market Építő.

In itself the building accounts for almost 2% of the Budapest office market. The building will have a gross area of 100,000 sqm with 58,000 sqm available to let. It will feature a conference centre with capacity for 300 people, two restaurants, a café, a fitness centre, a gym, a running track on the roof terrace, a 2,000 sqm internal garden and a 300 sqm internal pond among others.

Budapest development Hungary office Wing


Latest news


New leases

  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.
  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • 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.


Latest news

News - Passerinvest reviews EU taxonomy standards for Prague portfolio
04
May
2026

Passerinvest reviews EU taxonomy standards for Prague portfolio

by Property Forum
Passerinvest Group, in collaboration with consulting firm EY, conducted a detailed assessment of its buildings in Prague's Brumlovka and Nové Roztyly locations according to EU taxonomy requirements.
Read more >
News - AYA Properties Fund buys Warsaw office project from CA Immo
04
May
2026

AYA Properties Fund buys Warsaw office project from CA Immo

by Property Forum
AYA Properties Fund, the Belgium-based real estate investor focused on CEE, has completed the acquisition of Sienna Center, a Class A office complex in central Warsaw, from CA Immo.
Read more >
News - Proptech Hungary 2026 highlights AI and digitalisation in real estate
04
May
2026

Proptech Hungary 2026 highlights AI and digitalisation in real estate

by Property Forum
The Proptech Hungary conference will return to Budapest on 14 May 2026, bringing together leading industry players to explore how technology is reshaping the real estate and construction sectors. Hosted at the Budapest Music Center, the event is expected to attract more than 250 professionals and feature over 50 speakers from across the region and beyond.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy