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. 



New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • 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.

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