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.




Latest news


New leases

  • HS Hydro & Spa has leased space at Logicor Bucharest III Pallady, in a deal brokered by iO Partners.
  • Piața 9 will open its first Bakery P9 location in Bucharest, on a 200 sqm area located on the ground floor of Victoria Center office building. The deal was brokered by Colliers.
  • A new KIKO MILANO store has opened at the Nový Smíchov shopping centre in Prague, as part of a lease transaction brokered by Cushman & Wakefield.

New appointments

  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.
  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.


Latest news

News - Romania’s housing completions dip 3.1% in 2025
12
Mar
2026

Romania’s housing completions dip 3.1% in 2025

by Property Forum
Romania’s residential construction sector recorded a 3.1% contraction in 2025 compared to the previous year. The total number of completed dwellings reached 59,062, marking a decrease of 1,916 units from the 60,978 reported in 2024, according to provisional data provided by the National Institute of Statistics (INS).
Read more >
News - AFI Arad achieves LEED Gold for all four retail buildings
12
Mar
2026

AFI Arad achieves LEED Gold for all four retail buildings

by Property Forum
AFI Romania has announced that all four buildings within the AFI Arad retail park have achieved LEED Gold certification. The certified buildings include AFI Arad Strip Mall, AFI Arad McDonald's, AFI Arad Leroy Merlin and AFI Arad Shopping Gallery.
Read more >
News - One United Properties enters US market with Nashville land buy
12
Mar
2026

One United Properties enters US market with Nashville land buy

by Property Forum
Romanian developer One United Properties has announced its Board of Directors approved a strategic framework for phased entry into the US residential real estate market, by completing its first land acquisition in the Nashville metropolitan area.
Read more >


Property Forum ABOUT US

Property Forum is a leading event hub in the CEE real estate industry with over 10 years of experience. We organise conferences, business breakfasts and workshops focused on real estate, in London, Vienna, Warsaw, Budapest, Bucharest, Bratislava, Prague, Zagreb and Sofia, amongst other locations.
Please send press releases to
newsdesk AT property-forum DOT eu
MORE >

CONTACT

NEWSLETTER

 

Property Forum © 2017 – 2026 | Terms & conditions | Privacy policy