Atenor hands over new Budapest building

05
Mar
2018
News - Atenor hands over new Budapest building #Atenor #Budapest #development #handover #Hungary

by Import Sys | Office

The fourth phase of the Class A+ Váci Greens Office Complex, the 15,647 sqm, already 60% leased Building D has been handed over. The office campus located on Váci Road will be completed by Belgian developer Atenor within the next two-three years after last two buildings (E & F) are finished. The development is financed by Atenor’s own equity.


The first three buildings are fully let and the fourth one is already 60% occupied by leading multinational tenants. Moreover, in the last twelve months, Atenor sold all of its four buildings. Building D was purchased by a Hungarian investor.
 
The newest phase, Building D already has seven tenants. The first was Unilever who already moved in this January to its 3,800 sqm premises. AON, the world’s leading risk management, insurance, reinsurance, pension and human resources consulting signed for ca. 2,000 sqm and ATOS a counselling, system integration, cloud and managed services, business process outsourcing (BPO), Big Data and cybersecurity solutions, as well as transaction services provider also relocates here its 1,500 sqm operation.
 
The property management tender was won by Cushman & Wakefield and the facility management company is Uniszol. The co-exclusive letting agencies of the building are Cushman & Wakefield and Robertson.
 
Upon completion, the Váci Greens office complex will comprise 130 000 sqm of office area in six buildings. The complex already accommodates many large tenants who employ altogether close to 6000 people. With the handover of the last phases (building E & F) in the next 2-3 years, this number will double.



Latest news


New leases

  • E-commerce player 4M Pro&Invest has leased nearly 4,100 sqm of warehouse space in Panattoni Park Poznań XIV. This agreement marks the completion of the leasing of the two completed phases of the development.
  • Panattoni has commenced construction on the latest phase of Panattoni Park Gorzów II, developing a bespoke BTS warehouse for DPD Polska. The facility will encompass 5,300 sqm tailored to the courier company’s operational requirements. DPD Polska is scheduled to begin operations at the new site in August 2026.
  • Romanian strategic advisory firm Infinexa Restructuring has relocated its HQ to GTC’s City Gate South Tower in Bucharest. The move supports their integrated approach to delivering complex debt restructuring, insolvency mandates, and preventive procedures for distressed companies.

New appointments

  • Panattoni has promoted Nick Cripps to the position of Head of International Capital Markets for Europe, the UK, the Middle East, and India. Based in London, Cripps is tasked with leading the firm’s global capital markets strategy across 18 diverse markets. He joined Panattoni five years ago as Head of UK Capital Markets.
  • 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.


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