Wing to add new building to its Liget Center in Budapest

12
May
2023
News - Wing to add new building to its Liget Center in Budapest #Budapest #Hungary #office #Wing

by Property Forum | Office

The renovation of Liget Center, a Wing development, is about to reach a new milestone: a new building with an all-glass facade will join the existing office buildings – Liget Center Classic and Liget Center Auditorium – in the inner courtyard. Liget Center Vitrum will offer an additional 2200 sqm of leasable area in the city centre.


Liget Center Vitrum is in the heart of Budapest, right next to City Park, with great, newly-built office spaces that are also suitable for company headquarters. The three buildings will surround a private inner courtyard filled with greenery and sheltered from traffic. Construction started in late 2022, and the building is expected to be completed in the second half of 2024.

The Liget Center Classic and Auditorium buildings will be the main base for the television channel RTL Hungary. The renovation of these heritage buildings is proceeding as planned. The new boutique project, Liget Center Vitrum, will complete Liget Center perfectly, said Gábor Angel, Deputy CEO of Wing Zrt, responsible for office developments.

Vitrum will be a nearly zero energy building with expansive vertical green surfaces in and outside of the office spaces, it will have silent air-conditioning vents, optimised, environmentally-friendly lighting, heat pump technology and, naturally, energy-efficient operation with environmentally friendly water consumption and waste management. The project aims to achieve BREEAM sustainability certification. 

Liget Center Vitrum was designed by TIBA Architects Studio – and WORKUP, FITOUT Zrt’s construction business, is the general contractor. WORKUP is also involved in the reinforcement of the foundations of the existing underground car park of the Liget Center.




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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