IWG opens first HQ centre in Hungary

21
Aug
2024
News - IWG opens first HQ centre in Hungary #Budapest #flexible #HQcentre #Hungary #IWG #Yulia Lytvynenko

by Property Forum | Office

IWG has announced the opening of a HQ centre in southern Budapest, which marks the HQ brand’s debut in Hungary. 


The new HQ F99 includes private offices, meeting rooms, co-working and creative spaces that address companies of all sizes. The building has many other amenities such as a restaurant, café, bicycle storage, storage space for rent, underground parking spaces for rent, car wash or grocery store.

At present, the building is in the process of obtaining BREEAM certification.

“We are seeing strong growth in the region and are optimistic about further expansion opportunities throughout Budapest and Hungary. This latest opening – which is our third partnership agreement with Proform Ingatlanbefektetési Zrt. in Budapest - at a time when more and more companies are discovering that flexible working boosts employee happiness and satisfaction, while helping the environment,” says Yulia Lytvynenko, IWG’s Country Manager & Sales Director for Ukraine and Hungary.

The latest opening is part of IWG’s expansion strategy, which saw the group open 867 new locations last year alone.




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  • 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.

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  • 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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