AKZO NOBEL to move Budapest HQ to Gateway Office Park

Office Market

Dutch-owned company group AKZO NOBEL will move its Budapest headquarters to CPI Hungary's Gateway Office Park, according to a press release sent to the Budapest Business Journal.

AKZO NOBEL's new office will be located in the office park's Tower 1, and will offer a panoramic view. Located between Árpád Bridge and Göncz Árpád Városközpont, the building is easily accessible both by car and public transport. The company will complete its move to the Gateway Office Park in spring 2021.

According to CPI Hungary senior leasing manager András Bodahelyi, the deal marks an important milestone for the 40,000 sqm office park.

"Gateway Office Park's traditionally strong tenant portfolio continues to expand, and we are very pleased with this agreement. Despite this unprecedentedly difficult and unique business environment, we have further strengthened our position in the North Pest submarket thanks to the deals successfully concluded in the past few months. With regards to the new agreement, we strived for an optimal office solution in all respects, and we believe that we can provide AKZO NOBEL with a long-term location tailored to their needs," says Bodahelyi.

AKZO NOBEL Coatings Zrt. CEO Gergely Szűcs comments, “An important aspect in the selection was the proximity of the office corridor of Árpád Bridge and Váci út, and the flexible attitude of the lessor corresponding to the market situation. We want to create an ideal work environment for our employees, so it was an important criterion of our office search to find a reliable and strong lessor as a partner.”

ADVERTISEMENT

Business, consumer confidence improves - Századvég Analysis

Business, consumer confidence improves - Századvég

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

Martina Cifer joins Avison Young Hungary Appointments

Martina Cifer joins Avison Young Hungary

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.