Wing hands over new Ericsson HQ in Budapest

31
May
2018
News - Wing hands over new Ericsson HQ in Budapest #Budapest #development #Hungary #office #Wing

by Property Forum | Office

On May 29th, 2018, Budapest’s Ericsson House was officially handed over. This new building, developed by Wing, features not only offices but also one of the Swedish company’s largest European Research & Development centres. The 24,000 sqm property, built in the first phase of the development project of the Hungarian Nobel-Prize Winners’ R&D Park, satisfies both the needs of today and tomorrow due to its cutting-edge technology and execution. As shown by its LEED Gold certification it upholds the highest standards of environmental consciousness. The new HQ will house 1800 workers. Now, with the handover of the Ericsson House, the development of the adjacent site may commence as the second phase of the project.


The new office building is located on the bank of river Danube in the near vicinity of two prominent Hungarian universities, Budapest Technical University and ELTE. Beyond office space, the Ericsson House features one of the Swedish company’s largest research & development centres, one of Hungary’s largest and most advanced server rooms, and Ericsson’s innovation workshop, the Ericsson Garage.
 
Ericsson Hungary leases the new building through a long-term agreement. The headquarters had been developed particularly to satisfy the needs of Ericsson Hungary and its 1800 employees. Throughout the construction, environmental consciousness was always a priority and thus the building received the international LEED Gold certification. In accordance with that, Wing favoured recyclable and locally manufactured materials throughout the development process. As part of Wing’s efforts for environmental consciousness, the building exhibits energy efficient operation encompassing eco-conscious water usage, optimized LED lighting systems, and an integrated shading system all of which contribute to the conservation of energy during day-to-day operations.
 
The building was designed and planned by Aspectus Architect, a Wing subsidiary, under the joint command of László Szerdahelyi and József Pesti. The general contractor was Strabag MML. The investment was financed by a consortium of banks that includes Unicredit Bank Hungary, Unicredit Bank Austria, and K&H Bank.
 
According to Noah Steinberg, Chairman and CEO of Wing Zrt., Wing will begin a similar development project in terms of size and quality on the site adjacent to the Ericsson House.



Latest news


New leases

  • Astellas Pharma has renegotiated its lease for offices at One Floreasca Bucharest in a deal brokered by Fortim Trusted Advisors, an alliance member of BNP Paribas Real Estate.
  • Czech furniture industry supplier Hranipex, a provider of edge banding, adhesives, cleaning products, and accessories, has leased nearly 3,000 sqm of warehouse space at CTPark Bucharest South. The company has relocated its operations to the new facility and is currently fully operational within the park.
  • Oracle has renewed its lease for 600 sqm of office space in Belgrade, in a deal brokered by iO Partners.

New appointments

  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.
  • 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.


Latest news

News - What happened in CEE real estate this week?
20
Mar
2026

What happened in CEE real estate this week?

by Property Forum
This week’s Property Forum news brings a mix of big-ticket developments and longer-term shifts shaping the market. From logistics expansion and new office projects to the growing role of data centres, the stories reflect a region that remains active while gradually adjusting to new demand patterns.
Read more >
News - BIG Poland advances with retail park in central Dzierżoniów
20
Mar
2026

BIG Poland advances with retail park in central Dzierżoniów

by Property Forum
Big Poland is developing a retail park in the centre of Dzierżoniów, responding to demand for modern shopping facilities in mid-sized cities. 
Read more >
News - CityOne Group acquires logistics project in Budapest from Woco Group
20
Mar
2026

CityOne Group acquires logistics project in Budapest from Woco Group

by Property Forum
CityOne Group has announced the acquisition of a manufacturing facility from German automotive supplier Woco Group in Kőbánya.
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