ARTICLES LABELLED WITH TAG WING

News Wing to start renovation of Budapest shopping centre
01
Apr
2021

Wing to start renovation of Budapest shopping centre

by Property Forum
Hungarian developer Wing is set to start renovation works on the EuroCenter shopping centre in Budapest in the spring of 2021 with reopening scheduled for the spring of 2022. In addition to the international fashion brands, the shopping centre will offer its future visitors a diverse range of services, a renovated cinema, culinary experiences and a roof garden.
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News Wing completes office revitalisation project in Budapest
20
Jan
2021

Wing completes office revitalisation project in Budapest

by Property Forum
Wing completed the development of the revitalised Gizella Loft office building, in the heart of Zugló, in fall 2020. The building offers 8,500 sqm of office space. Its redevelopment has transformed it into a Class A, people-oriented and cost-efficient space ready to welcome future tenants. The main tenant which had already occupied the building, TÜV Rheinland Intercert Kft., committed itself to the Gizella Loft in 2019, and in September 2020 took occupancy of the space designed according to its needs.
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News Wing completes development of Budapest office building
14
Dec
2020

Wing completes development of Budapest office building

by Property Forum
Developed by Wing, the brand-new headquarters building of evosoft Hungary Kft., a Siemens subsidiary, was completed on time and tailored fully to the tenant’s needs. Located at the Buda end of the Rákóczi Bridge, the 22,000 sqm complex was completed as part of the second phase of the Hungarian Nobel Prize Winners R&D Park. The building, home to a six-storey research and development facility, is equipped with cutting-edge technology and meets Gold-level environmental friendliness and energy efficiency LEED certification criteria. Evosoft is expected to begin moving into the building in December 2020.
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News Wing launches new logistics development next to Budapest
20
Oct
2020

Wing launches new logistics development next to Budapest

by Property Forum
Hungarian property investor and developer Wing is expanding its East Gate Business Park, located next to Budapest, with a new 9,200 sqm hall. The handover of the building, which is 30% pre-leased, will take place in the second half of 2021.
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News Hungary’s Telekom plans to sublet Budapest HQ
15
Oct
2020

Hungary’s Telekom plans to sublet Budapest HQ

by Property Forum
Reuters reports that Magyar Telekom (Deutsche Telekom’s Hungarian unit), which moved into its newly constructed Budapest HQ in Q3 2018 and signed a 15-year lease agreement for 58,000 sqm, is considering subletting some of its office space.
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News Wing raises €156 million for further expansion
19
May
2020

Wing raises €156 million for further expansion

by Property Forum
In order to expand its investment portfolio and implement its growth strategy, Hungarian investor-developer Wing has raised €156 million (HUF 54.7 billion) within the framework of the Central Bank of Hungary’s Funding for Growth Scheme. Corporate bonds subscribed by the central bank and other institutional investors have a maturity of 10 years and a yield of 3.56 percent.
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News Wing buys more shares in Echo Investment
24
Mar
2020

Wing buys more shares in Echo Investment

by Property Forum
With the acquisition of another 10.4 percent stake, Wing's stake in Echo Investment has increased to 66 percent, the Hungarian investor-developer announced.
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News Wing completes acquisition of Echo Investment
16
Dec
2019

Wing completes acquisition of Echo Investment

by Property Forum
With the payment transferred on 13 December, Wing has acquired a 100% stake in Lisala, which in turn owns a 56 % stake in ECHO Investment, a company listed on the Warsaw Stock Exchange (WSE). This acquisition makes Wing a major real estate firm at the regional level. Supporting Echo Investment’s long-term growth program, Wing enters as a strategic investor. At the operational level, the two companies will continue to operate independently.
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News Hungary’s Wing to acquire majority interest in Echo Investment
16
Oct
2019

Hungary’s Wing to acquire majority interest in Echo Investment

by Property Forum
Hungarian investor and developer Wing has signed a preliminary agreement to acquire majority interest (c.a. 56% of shares) in Echo Investment, a Polish developer listed on the Warsaw Stock Exchange. Echo Investment has almost 90 projects in the pipeline, with the total estimated usable area of c.a. 1.3 million sqm.
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News Wing buys Budapest office building from M7 Real Estate
09
May
2019

Wing buys Budapest office building from M7 Real Estate

by Property Forum
Wing has acquired the Liget Center office building in Budapest from the M7 CEREF I fund managed by M7 Real Estate. The property comprises 7,000 sqm of office space and a 3,800 sqm auditorium. The new owner plans to improve the services offered by the building by adding new services and to find a new use for the empty auditorium.
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Latest news


New leases

  • Gemini Park Tarnów will see the debut of the first Unisono shop in eastern Małopolska. The new tenant will occupy a 152 sqm unit. The store will open later this year.
  • The Gemini Park Tychy shopping centre is extending cooperation with its long-standing partner, the Silesia Jeans brand. The multibrand, which offers brands such as Levi's, Mustang, Lee and Wrangler, will soon open its second shop in the Tychy mall. The new store will be filled with clothes and accessories from two American fashion brands: Tommy Jeans and Calvin Klein Jeans. The new unit will be 140 sqm in size and is scheduled to open in the first quarter of 2023.
  • Building E belonging to the Nowy Rynek complex developed by Skanska in Poznań, although still under construction, is already attracting its future tenants. The international company Wunderman Thompson Technology will open its office here on approximately 2,000 sqm.

New appointments

  • 108 Agency promoted Matej Indra to Head of Industrial Agency for the Czech Republic.
  • Michał Ozimek has joined the Valuation department at Corees Polska - Commercial Real Estate, taking up the position of Senior Valuation & Investment Analyst. Working in the agency's Warsaw branch, he will be responsible for supporting processes related to the development of property valuations.
  • P3 Logistic Parks strengthens its team in Poland. Having worked as Deputy Head of Leasing since 2019, Iwona Sadowska has now been promoted to the position of Head of Leasing.


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