Skanska opens new office building in Budapest

11
Oct
2018
News - Skanska opens new office building in Budapest #Budapest #development #Hungary #office #Skanksa

by Property Forum | Office

Mill Park office complex, located in the 9th district of Budapest is Skanska’s eighth Hungarian development. Lease agreements have been already signed for 90% of the premises.


The new LEED-certified office project offering 36 000 sqm of gross leasable area consists of seven above-ground levels along with a three-stories underground parking garage with 538 spaces. The new office building developed by Skanska is 90 % leased to multiple tenants. Companies deciding to move operations to the Mill Park include IT Services Hungary.
 
Skanska sold Mill Park office project to Erste Real Estate Fund in August 2018. This was the second acquisition from Skanska in Budapest that the purchaser has made following the Nordic Light transaction in 2016.



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New leases

  • Echo Investment has signed a lease agreement with Auchan Polska for 1,200 sqm of retail space within Fuzja, a flagship multifunctional complex in Łódź. The retailer is scheduled to open the outlet during the summer of 2026.
  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.

New appointments

  • iO Partners has appointed Constantin Banu as Business Development Director for its Industrial and Land segments. With over 25 years of experience in the Romanian real estate sector, Banu is widely credited with helping shape the local logistics market. In his new role, he will oversee expansion strategies for the two segments.
  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • 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.


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