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

  • Sirowa Poland has relocated its office in the revitalised mixed-use Centrum Praskie Koneser complex. The international distributor of cosmetic and pharmaceutical brands leased 958 sqm in Building P at the development, in a deal brokered by Savills.
  • International fashion retailer Primark has opened its fifth Romanian store, spanning 3,185 sqm, at ElectroPutere Mall in Craiova, marking its debut in the country's south-west region. The launch follows a €10 million investment.
  • 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.

New appointments

  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.
  • BNP Paribas Real Estate Poland has expanded its Industrial and Logistics Agency team with the appointments of Joanna Choromańska, formerly of JLL, and Bartosz Wilczyński, previously with CBRE. The new hires bring a combined 34 years of experience in sector sales, lease negotiations, and build-to-suit project delivery to support the division's ongoing growth.
  • 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.


Latest news

News - Solida Capital enters Romanian resi market
10
Jun
2026

Solida Capital enters Romanian resi market

by Property Forum
Solida Capital has announced its first residential development in Romania, a boutique project in Sector 1, Bucharest, as part of a joint venture with Radox.
Read more >
News - 7R signs first Czech lease with GXO for entire Lavičky park
10
Jun
2026

7R signs first Czech lease with GXO for entire Lavičky park

by Property Forum
Industrial developer 7R has signed a long-term lease agreement with GXO for approximately 26,000 sqm of warehouse space at 7R Park Lavičky. The modern complex is being developed in a joint venture with Czech investment fund Wood & Company.
Read more >
News - SquarePlan secures new funding, takes total to $3 million
10
Jun
2026

SquarePlan secures new funding, takes total to $3 million

by Property Forum
SquarePlan, the AI-powered PropTech company, has secured new funding from Movens Capital. The round brings the company's total capital raised to $3 million and will be used to accelerate its expansion into new international markets.
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