Wing starts construction of Ericsson’s Hungarian HQ

22
Sep
2016
News - Wing starts construction of Ericsson’s Hungarian HQ #Budapest #development #Hungary #office #WING

by Ákos Budai | Office

Ericsson’s new Hungarian headquarters are being built on a site overlooking the Danube by Wing Zrt. This investment is the first phase of the Hungarian Nobel Prize Winners Research & Development Park. The building, which has a total area of 24,000 square meters, will house the company’s largest research and development facility outside Sweden. The building will be constructed to the strict standards of the LEED Gold environmental awareness rating. 


The Hungarian Nobel Prize Winners Research & Development Park will be home to a complex of buildings created by Wing specifically to suit the needs of companies engaged in research and development. The planned buildings are intended to stand as a monument to Hungary’s Nobel Prize Winners, and the name pays homage to their myriad achievements. 
 
The first six-storey office building is being tailored specifically to suit the needs of the client, Ericsson. The facility will have 540 parking spaces and facilities for storing 250 bicycles, all housed on the four levels underneath the building. Wing Zrt. is using environmentally friendly solutions not only in the finished building, but also during the construction work. Accordingly, for example, preference is being given to locally manufactured, and recycled materials. The work is scheduled for completion at the end of 2017, and during the move Ericsson employees will arrive from all over the world. Some 1,800 people are expected to work in the headquarters building. 

The building was designed by Wing subsidiary Aspectus Architect, led by László Szerdahelyi, and the general contractor is Strabag Hungary. The investment is being financed by a consortium of banks, consisting of UniCredit Bank Hungary, UniCredit Bank Austria and K&H Bank. The first phase will be followed, in the second phase, by the development of a similar building on the part of the site near Rákóczi Bridge. Wing is already working on the designs and preparation for this. 



Latest news


New leases

  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.
  • GSP Global Solutions Provider has further expanded its cooperation with CTP by leasing an additional nearly 7,000 sqm in CTPark Budapest Vecsés on a long-term basis.

New appointments

  • 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.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


Latest news

News - Impact Group posts 34% profit gain in 2025
27
Feb
2026

Impact Group posts 34% profit gain in 2025

by Property Forum
Romanian developer Impact Developer & Contractor reported a 34% increase in consolidated net profit to €19.5 million in 2025, up from the previous year.
Read more >
News - Prague office market faces supply crunch in 2026
27
Feb
2026

Prague office market faces supply crunch in 2026

by Property Forum
Prague's office market is experiencing a supply shortage that will continue through 2026, with vacancy rates dropping to just 5.9% - the lowest since early 2020, according to a report by Colliers. Despite strong demand, limited new construction is creating tension in the market.
Read more >
News - Rohlig Suus expands to 48,000 sqm at Eli Warsaw Airport
27
Feb
2026

Rohlig Suus expands to 48,000 sqm at Eli Warsaw Airport

by Property Forum
European Logistics Investment (Eli) has finalised a lease renewal and expansion at its Warsaw Airport Park in Janki with Rohlig Suus Logistics. Under the agreement, Rohlig Suus Logistics extended its lease for the next 15 years and will expand to approximately 48,000 sqm, consolidating operations and becoming the sole occupier of the park's north building.
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