Around 500 colleagues based in Hungary’s second-biggest city will move to the new location, state-of-the-art Forest Offices in 2023.

The occupancy rate of the portfolio comprised of 12 retail parks has reached 97% in Park Centers Hungary, Revetas Capital announced today. 

In total, 16,000 sqm of Class A office space has been delivered in the second largest city of Hungary. The building was developed by a local company, Dryvit Profi, realista.hu reports.

The French group will open a Mercure hotel in Debrecen, the second-largest city in Hungary. This will be the second destination for the brand outside Budapest.

Transport company BHS Trans is to build a new logistics warehouse centre on 10,000 square metres in Debrecen, Eastern Hungary. The warehouse is part of a HUF 7.5 billion investment project, which the state supported with a HUF 3.4 billion grant. The facility will go into operation in early 2021 and the project is to create 165 new jobs.

EPAM Systems, a global product development, digital platform engineering, and digital and product design agency signed a 2,100 sqm new office lease contract in Debrecen’s newly developed Forest Offices in December 2019. EPAM Systems will be moving to the first floor of the five-storey office building in February 2020. Cushman & Wakefield advised Capstone Befektetési Alapkezelő Zrt representing, Garda Ingatlan Fejlesztő Befeketetési Alap the owner of Forest Offices, in the lease negotiations.

The construction of a new Class A office building was announced in Debrecen. The 22,000 sqm office building will be the largest office building in Eastern Hungary. The building, set to be completed in Q3 2018, is designed by Bord Architect Studio. Office leasing, green certification and project consultation will be provided by the Hungarian office of Colliers International.