All Phases of Budapest One Office Building Obtain Occupancy Permit

Office Market

The second and third phases of the Budapest One office building, developed in Őrmező in Budapest, the largest multimodal transport hub in Hungary, have already obtained the occupancy permit, according to a press release sent to the Budapest Business Journal.

Vodafone, among others, has chosen Futureal's energy-efficient office building equipped with people-centric technologies as its new office center, while BT's regional service center has already moved into the premises.

The Budapest One office building has reached the final phase of construction. Following the completion of the first 25,000 sqm phase in early 2020, all works related to the second and third phases, which are being developed in parallel, will be completed soon. These last two projects will provide 40,000 sqm of office space and nearly 3,500 sqm of retail and service space, topped off by a green area of nearly 2,500 sqm.

The occupancy rate of the two latest phases has already exceeded 70%. Due to the successful mix of the excellent location, the unique architectural concept and the wide range of available services, several large companies have chosen Budapest One. The newly built parts of Budapest One will house Vodafone's new office center, and BT's regional service center has also moved into the building. 

Located at the intersection of the Kelenföld railway station, metro line 4, and the M1-M7 motorways, Budapest One will add a total of 65,000 sqm of leasable space to the Budapest office market.

The complex is easily accessible from the city center, the agglomeration, and other large towns in the countryside via the transport hub. In addition to the numerous shops and services at the ground level of Budapest One, the Etele Plaza shopping and entertainment center also developed by Futureal is within walking distance for the office employees.

"In addition to location, accessibility, and a people-centered environment, energy efficiency has emerged as one of the most important factors in the decision to choose an office. Futureal has always developed its buildings to the highest sustainability standards, often as an industry pioneer. Thanks to these efforts, we are able to offer attractive options even for particularly energy cost-sensitive major tenants," emphasized Tibor Tatár, CEO of Futureal Development.

In line with Breeam sustainability certification requirements, the Budapest One office building has been equipped as standard with intelligent building management systems to ensure optimal operation of mechanical and electrical equipment, as well as low-carbon and energy-efficient heating and cooling technologies.  The office complex was one of the first in Hungary to be pre-certified by the international Well Building Platinum, which recognizes aspects that have a positive impact on the health and well-being of employees during the design phase of buildings.

In response to market needs, Futureal has launched its Stay Safe initiative. Under the program, the company has introduced new health protection regulations and technical solutions during the development of Budapest One. At the top of the office complex, there will be a nearly 500-meter panoramic running track. In the underground garage, charging stations are available for electric cars, e-bicycles, and e-scooters.

ADVERTISEMENT

MNB Int'l Reserves Rise EUR 633 mln in November MNB

MNB Int'l Reserves Rise EUR 633 mln in November

MPs Approve Tax Changes Parliament

MPs Approve Tax Changes

Number of Job Adverts up Minimally HR

Number of Job Adverts up Minimally

Tourism Nights Down 0.2% y.o.y. in October Tourism

Tourism Nights Down 0.2% y.o.y. in October

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.