ZenGarden in Budapest reaches 95% occupancy rate

10
Oct
2024
News - ZenGarden in Budapest reaches 95% occupancy rate #BREEAM #Budapest #BuildEXT #Csaba Livják #Hungary #office #ZenGarden

by Property Forum | Office

The ZenGarden office building in Budapest, managed by ConvergenCE, is close to full occupancy as of mid-September, driven by a mix of new leases and renewals.


During Q2, Hungarian PR agency Uniomedia and international consultancy Arthur D. Little have signed long-term leases. Both companies will move into their new offices by the end of the year. 

BuildEXT, one of Hungary's fastest-growing BIM-specialist architecture firms, has committed to ZenGarden for several years. 

“As architects, it is essential that our office is housed in a building that meets contemporary standards in every respect. For our team of over 60, mostly from the Y and Z generations, an inspiring work environment is key, and ZenGarden stands out in this regard,” says Csaba Livják, CEO of BuildEXT.

The project features advanced technological solutions and holds a BREEAM “Very Good” sustainability certification. Its tenants benefit from 170 parking spaces, a 24/7 reception service and an on-site grocery store.




Latest news


New leases

  • Astellas Pharma has renegotiated its lease for offices at One Floreasca Bucharest in a deal brokered by Fortim Trusted Advisors, an alliance member of BNP Paribas Real Estate.
  • Czech furniture industry supplier Hranipex, a provider of edge banding, adhesives, cleaning products, and accessories, has leased nearly 3,000 sqm of warehouse space at CTPark Bucharest South. The company has relocated its operations to the new facility and is currently fully operational within the park.
  • Oracle has renewed its lease for 600 sqm of office space in Belgrade, in a deal brokered by iO Partners.

New appointments

  • PSN has expanded its acquisitions team with the arrival of Martin Šrytr as Business Development Manager. Most recently, he served as Real Estate Expansion Manager at Twistcafe Group, supporting the company’s EMEA growth. His previous experience includes consulting at Cushman & Wakefield, advisory roles at Prochazka & Partners, and management positions within IWG.
  • iO Partners has announced key leadership changes within its Czech Republic operations as part of its ongoing business evolution. Milan Kilik has been appointed as the new Head of Office Leasing, with a particular focus on client advisory and team collaboration. Concurrently, Petr Kareš has transitioned into the role of Occupier Business Development Director. In this new capacity, he will be responsible for identifying new market opportunities and integrating services across Tenant Representation, Project Management, and Industrial Leasing.
  • Romanian office developer Genesis Property has appointed Cătălin Niculiță as Leasing Manager. With nearly 20 years of experience in the real estate industry, he has held leadership roles at real estate companies such as Atenor, collaborating with major office tenants in the banking, telecom, and IT sectors.


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