ARTICLES LABELLED WITH TAG Futureal

24
Sep
2021

Futureal secures €50 million loan from MKB Bank

by Property Forum
Hungarian developer Futureal and MKB Bank have signed a loan agreement for nearly €50 million (approx. HUF 17 billion) to finance the third phase of its Budapest ONE office park project. The final phase of the office complex will be completed in the second half of 2022.
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22
Sep
2021

HelloParks proceeds with 45,000 sqm project near Budapest

by Property Forum
The first column has been placed of the first 45,000 sqm warehouse in Fót, which is an important milestone in launching one of Hungary’s largest industrial and logistic developments by HelloParks, a member of Futureal Group, after the first tenants started to move into another megapark of the company in Maglód. For this energy-efficient, BREEAM sustainability standard-compliant facility that is developed as a part of a greenfield investment close to the Hungarian capital, the composition of the tenants is already outlined: negotiations are at an advanced stage, mainly with e-commerce, parcel logistics and courier businesses, as well as logistics companies serving a single manufacturing company.
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17
Sep
2021

New shopping centre in Budapest opens today

by Property Forum
Etele Plaza is going to open its doors to the public at 10 AM on September 17, 2021. Budapest’s latest shopping and entertainment centre located in the immediate vicinity of Etele square, Kelenföld will offer a range of stores and services. Futureal’s €300 million development is also the first smart shopping centre in Hungary.
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07
Sep
2021

Gap enters the Hungarian market

by Property Forum
Gap, the American casual clothing and accessories brand, announced its entry into the Hungarian market through a franchise partnership with Ganeta Pannónia Kft. The brand will be introduced to customers through Gap-branded stores in the country, beginning with the opening of a Gap freestanding store in Etele Plaza in September 2021.
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03
Aug
2021

Accor signs first Tribe hotel in Hungary

by Property Forum
Accor announced the signing of the first Tribe hotel in Hungary in partnership with local real estate developer Futureal. The 250-room Tribe hotel will open in Budapest at the end of 2023. The project is a major milestone in Futureal’s operation as part of its new business line focusing on hotel developments.
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07
Jul
2021

IBM Hungary to move new HQ to Corvin Innovation Campus

by Property Forum
IBM Hungary is relocating its headquarters to Corvin Quarter in Budapest. The tech company will be moving into Futureal’s Corvin Innovation Campus in a phased co-location starting in 2023.
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07
Jun
2021

HelloParks to develop 400,000 sqm megapark west of Budapest

by Property Forum
Futureal’s HelloParks continues its development in the western agglomeration of the Hungarian capital, next to the M1 motorway, in Páty. This is the largest project in the history of the company and will complement HelloParks Fót in the North and HelloParks Maglód in the East, next to the airport. The total pipeline of Futureal Group’s industrial and logistics property development company, HelloParks, has now reached 900,000 sqm of GLA around Budapest.
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27
May
2021

Futureal tops out final phases of Budapest office project

by Property Forum
Futureal’s Budapest One office park has achieved another major milestone in its development, as the second and third phases of the complex have reached their highest point. Budapest One will house both Vodafone's new headquarters and BT's regional service centre.
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19
May
2021

Futureal to open Hungary’s largest food court in September

by Property Forum
Hungarian developer Futureal will open the food court of the Etele Plaza shopping centre in Budapest this September. The food court will feature a direct connection to the roof terrace, unique interior design and a wide selection of gastronomy options, including many popular quick-service restaurants, cafés and an open kitchen concept.
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23
Mar
2021

Futureal raises €150 million in green bonds

by Property Forum
Hungarian developer Futureal has completed its first-ever green bond issue as part of the National Bank of Hungary's (MNB) Bond Funding for Growth Scheme (BGS). The company received bids worth HUF 59.92 billion for the bonds, which have a nominal value of HUF 50 billion. Futureal subsequently sold HUF 55 billion (approximately €150 million) of the bonds, for one of the largest issues under the BGS scheme. Futureal Group is currently developing projects with a gross space of more than 1 million sqm in Hungary. 
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Latest news


New leases

  • 108 Agency Slovakia has secured a lease of 3,392 sqm for a confidential client in the Plus Centrum office building located in Bratislava.
  • Wella Company, a beauty start-up will move to Brama Miasta by Skanska in Łódź. On approx. 1,500 sqm the company will open their newly created Shared Services Centre – as many as 200 people will work there, including their new IT Center of Excellence.
  • Dover, a diversified global manufacturer and solutions provider, has leased 1,170 sqm in Globalworth Plaza. The company has a global team of over 24,000 employees and an annual revenue of around $7 billion.

New appointments

  • Colliers Poland is developing its Workplace Innovation department – Karolina Dudek, PhD has just joined the team as Associate Director. She will use her skills in organisational diagnosis, knowledge of research methodology and design management expertise to support the shaping of sustainable work environments.
  • Cromwell Property Group has appointed Piotr Goździewicz as senior investment manager for Central and Eastern Europe. He will be responsible for executing a variety of investment strategies of Cromwell and its capital partners in the region with a focus on Poland, Czech Republic and Slovakia.
  • CBRE Czech Republic appointed Jiří Stránský the new Head of Sustainability. He will be responsible for creating and coordinating solutions for complex ESG strategies, which react to the ever-growing trend of corporate social responsibility and a sustainable approach to the environment in accordance with the Green Deal for Europe.


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