ARTICLES LABELLED WITH TAG WING

A leading regional parcel logistics operator has secured industrial space at East Gate Pro Business Park, developed by Wing. The third hall of the park was completed last year, and the fourth one is to be completed by the end of 2024.

One of Accor’s fastest-growing hotel brands across Europe, Tribe, opened the doors of its first hotel in Budapest. Together with Ibis, the newly constructed dual-branded hotel is located in Liberty, Wing’s mixed-use project. Ibis & Tribe Budapest Stadium offers 332 hotel rooms, split evenly by the two brands, and a complex set up with various F&B outlets, as well as meeting and fitness facilities.

Compared to other cities, gross yields in Budapest, calculated from purchase prices and revenue from rent, are among the highest, which means the Hungarian capital is still a great destination for those investing in residential property. While the prices of apartments have skyrocketed in recent years in Hungary, residential property in Budapest is still quite inexpensive according to a joint study made by local developer Wing and research centre Eltinga.

East Gate Pro Business Park, Wing’s latest industrial development project, has reached a new milestone with the delivery of hall A2 in phase two. An additional area of 9,100 sqm is available in the newly completed building for production, assembly, fulfilment and warehousing purposes.

A new hotel representing a special brand from Accor Group is to open at Ferenc Liszt International Airport, developed by Wing, in cooperation with Budapest Airport, the developer announced. The handover is expected in 2025.

The second phase of the Park West project has been delivered in Budapest. The Hungarian developer plans two more phases in this project.

The first phase of the Le Jardin residential park has secured a BREEAM 'Very Good' certification. This is the first such project to get this type of certification in Hungary.

Wing has published its second ESG report, providing information about its environmental, social, and governance efforts, as well as its goals, the measures it has taken and the results it has achieved in 2022. The report has been prepared in accordance with the company’s first comprehensive ESG strategy, which will be finalised soon.

A new building, Liget Center Vitrum, will join the existing office buildings, Liget Center Classic and the iconic Auditorium. At the same time, the visual identity is being updated: it will be modern and distinctive while reflecting the history of the building complex.

The first phase of the Le Jardin residential complex has reached its highest point. The residential park with 165 apartments is located on the shore of the Rákos stream, in a green zone location and developed by the Hungarian company Wing.