News Article 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.