Wing fully delivers residential project in Budapest

17
Oct
2024
News - Wing fully delivers residential project in Budapest #Budapest #Hungary #Kassák Terrace #Living #residential #Wing

by Property Forum | Residential

Living, Wing’s residential development arm, has completed Kassák Terrace, the third phase of Kassák Project in District 13 of Budapest, featuring 246 apartments.


The first phase of Kassák Project was completed in 2020, while the second phase Kassák Passage was delivered in H2 2022.

Kassák Terrace offers practical studio apartments as well as large six-room penthouse units with efficient floor plans and panoramic views. In addition, 21 homes in the project have direct garden access. The underground parking garage of the residential development has 259 parking spaces, including 190 with electric chargers. Sales are underway, and there are still some apartments available in the residential park.

The project’s green area covers 3,295 sqm, with another 4,518 sqm included in an inner courtyard.

“This is a major milestone for Living, as we have built 250 additional high-quality apartments with a focus on environmental considerations. We continue to work towards our goals. The feedback we get from the market and the pace of sales show that Living’s approach and sustainable apartments with quality services continue to be in high demand,” says Tibor Tatár, Deputy CEO of Wing’s residential and office development businesses in Hungary.

Kassák Terrace has an A+ energy rating and offers surface heating and cooling, a heat pump solution, and apartments with high technical standards.

The number of Living apartments delivered since the company’s establishment in 2017, including those currently under development is close to 2,000, with more than 1,500 apartments already sold.




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  • Speedwell has secured four new medical tenants for its Paltim mixed-use urban project in Timișoara. Colegiul Medicilor Stomatologi - Filiala Timiș has leased approximately 105 sqm, with an opening scheduled for November 2026. Concurrently, Paul Bold Dental Solutions will open a 143 sqm dental clinic in November 2026. Ophthalmology clinic ArtVision Med & Sofilens Lux has occupied 172 sqm since January 2026. Lastly, Ziva, a dermatology, aesthetics, and gynaecology clinic, has taken 92 sqm and will officially open in July 2026.
  • Equans has leased 1,600 sqm for a new IT hub in Bucharest-based One Cotroceni Park, in a deal brokered by Cushman & Wakefield Echinox.

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  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
  • Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.


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