Year-end of 2018 brought two major developments for Szervita Square Building, a LEED Platinum certified, sustainable multi-purpose commercial and luxury residential property to be handed over in 2020 by Budapest-based Horizon Development. The owner of the property – SZ8 Real Estate Development…
Market leading professional and household appliances company Electrolux set up its new 1,730 sqm Hungarian headquarters this month in Promenade Gardens, the most technically advanced office building recently completed on the Váci office corridor of Budapest. Offices, showrooms and presentation…
Promenade Gardens – the most technically advanced office building recently completed on the Váci corridor – changed owners on 1 August 2018, when ERSTE Real Estate Fund purchased the 97% leased property from the developer, Budapest-based Horizon Development. The new, sought-after, dual certified…
Anchor tenant Celanese was the first to move into just completed Promenade Gardens office building last week, now occupying their new 4,200 sqm headquarters. They will soon be followed by Citibank, as the Hungarian Branch Office of the global bank is setting up its new 8,000 sqm Budapest office from…
Central and Eastern Europe’s regional provider of top financial services – OTP Bank – set up a new, 450 sqm research and development center in the prestigious downtown building of Váci 1. The innovative office features a special education center, project rooms and a lecture hall. OTP LAB (OTP Bank’s…
