Atenor has opened a new showroom in Aréna Business Campus Building A that is under construction in Budapest. The building will be handed over in Q2 2020. At the same time, construction of Building B has already been started.
Atenor announced that an agreement has been reached for the sale of the fifth Váci Greens Building to a Hungarian private fund set up by MEFG Zrt. The delivery of the Váci Greens E building, which is being sold in a future state of completion, is scheduled for September 2020.
Atenor has signed an agreement, relating to the acquisition of more plots in the third district of Budapest, totalling an area of approximatively 5,000 sqm. This site is located 400 meters from Kolosy Square.
Atenor announced that its latest large-scale Budapest project, Aréna Business Campus has secured its first two signed lease contracts for the first building. More than 700 sqm ground floor area has been leased to Costa Coffee and a medical centre, one year prior to the building’s handover.
Morgan Stanley Real Estate Romania is reportedly considering the acquisition of the Hermes Business Campus office project in Northern Bucharest, according to zf.ro.
Atenor became the new owner of a Warsaw office complex comprising 2 office buildings with a total area of approx. 32 000 sqm, located in Mokotow. This is the first acquisition completed by the company on the Polish market.
Belgian developer Atenor is starting its latest large-scale project, Aréna Business Campus which is located in the 8th district of Budapest. The real estate developer, listed on Euronext Brussels, bought the 19,000 square meters site under 30 Hungária Boulevard last September, on which a Class A+ office complex of nearly 72,000 square meters will be built.
Atenor’s new Polish affiliate has signed a preliminary agreement to acquire long-term lease rights on two 30,500 sqm office buildings in Warsaw. These office buildings are known as the University Business Center and are located in the Mokotów district. They offer approximately €3 million in annual rental income.
The fourth phase of the Class A+ Váci Greens Office Complex, the 15,647 sqm, already 60% leased Building D has been handed over. The office campus located on Váci Road will be completed by Belgian developer Atenor within the next two-three years after last two buildings (E & F) are finished. The development is financed by Atenor’s own equity.
A Polish logistics company has leased 1,500 sqm of warehouse and office space at MLP Business Park Poznań. MLP Group, the developer and owner of the urban logistics park, is to revitalise an old warehouse building that will be customised for the tenant. This facility should be ready at the beginning of Q4 2021.
Adara, a supplier of ingredients for the cosmetic and pharmaceutical industries, has leased 800 sqm of warehouse and office space in 7R City Flex Warsaw Airport I. The tenant was represented during the lease negotiations by real estate advisory firm Cresa.
A Polish IT company, STM Cyber Sp. z o.o. decided to lease over 300 sqm in the Business Garden office complex in Warsaw. The tenant was represented in the negotiation process by AXI IMMO. The owner of the complex is Vastint.
New appointments
Karolina Furmańska has joined the Consulting & Research team of Cushman & Wakefield Poland as a Senior Residential Analyst with responsibility for advisory to PRS clients. Prior to joining C&W, she was a member of JLL’s Living Investment Team, which was responsible for transaction advisory comprising rental apartments, purpose-built student accommodation, co-living and other income-producing assets in the residential sector.
JLL Hungary has appointed Balázs Agócs as Workplace Strategy Director from April 2021. JLL will expand not only with another leadership position but also with the Workplace Solutions service line. In his new role, Balázs will help JLL's customers to make faster and more efficient workplace- and real estate strategy decisions. He will closely cooperate with the teams of Tenant Representation and Project & Development Services.
Razvan Botezatu has been named Operations Manager of Romanian real estate developer Nordis Group. He will oversee the development strategy of the company. He has 10 years' worth of experience in the corporate sector. The group develops luxury residential and hotel projects in Bucharest and regional cities.
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