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

  • BearingPoint has relocated its Bucharest office to Vastint’s Timpuri Noi Square, in a deal brokered by Griffes.
  • Lagardère Travel Retail has renewed its 2,300 sqm office lease for its HQ at the Bucharest-based Globalworth Campus, in a deal brokered by Cushman & Wakefield Echinox.
  • Jack & Jones has leased 310 sqm for a new store at Promenada Sibiu, owned by NEPI Rockcastle.

New appointments

  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.
  • Colliers Hungary has appointed Balint Laszlo as Director and Head of Design & Build. Laszlo brings over a decade of expertise in technical project management and fit-out execution, with a specific focus on the office and industrial sectors. He previously served as Head of Fit Out at Futureal Group, where he managed project execution, technical delivery, and cross-functional collaboration. His professional background also includes site management and commercial leadership roles.
  • NEPI Rockcastle has nominated Zelda Roscherr as an Independent Non-Executive Director. Roscherr will stand for election at the Annual General Meeting (AGM) in May 2026. André van der Veer, currently an Independent Non-Executive Director, will retire at the conclusion of the AGM and will not seek re-election.


Latest news

News - Poznań-based Andersia Tower nears full occupancy
09
Apr
2026

Poznań-based Andersia Tower nears full occupancy

by Property Forum
Poznań's Andersia Tower, owned by DEKA Immobilien, has reached near fully occupancy following lease agreements covering over 3,500 sqm of space that have been closed in 2025.
Read more >
News - Matexi Polska posts higher resi sales in Q1 2026
09
Apr
2026

Matexi Polska posts higher resi sales in Q1 2026

by Property Forum
Developer Matexi Polska, active in the Warsaw and Kraków markets, signed 92 apartment contracts in the first quarter (70 in Warsaw and 22 in Kraków). This represents growth of around 30% compared to the first three months of the previous year, when 71 contracts were signed.
Read more >
News - The carbon cost is already in your building. You just can't see it yet
08
Apr
2026

The carbon cost is already in your building. You just can't see it yet

by Property Forum
A structural shift is rewriting the financial logic of European commercial real estate. It isn't being driven by ESG pressure or voluntary sustainability labels. It's being driven by regulation — and the numbers are concrete enough that ignoring them is becoming a financial risk. A recent white paper by workcloud24 traces the mechanism in detail: how the operational energy and CO₂ performance of a building transmits into net operating income, asset value, and financing conditions. The argument isn't that green buildings are virtuous. It's that inefficient buildings are becoming measurably more expensive to own, operate, and finance.
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