CBRE acquires management of Váci Greens building

Office Market

CBREʼs Asset Services department won the property management mandate of Váci Greensʼ Office Building “C” – an 8,000 sqm office building with excellent sustainability indicators – from Atenor Group, CBRE said in a press release today.

"Winning Atenor Groupʼs property management tender is a very important stage in the growth of our Asset Services business, which aims to become the market leader in Hungary. In addition to several premium office buildings (Andrássy Palace, Liget Center, Andrássy 100), two major shopping centers in Budapest (Pólus, Campona), the Interspar hypermarkets and the M0 Central Business Park logistics center, the operation of one of the most modern buildings on the Váci Street corridor will be a very exciting and prestigious task for our colleagues," said Zsolt Kákosy, Head of CBRE’s Asset Services. 

"We are pleased that we have found the property manager for our multiple award-winning, environmentally friendly and long-term leased building. We expect that the Asset Services (property management) department of the worldʼs leading real estate advisor will provide excellent management services for one of the most remarkable Hungarian office developments, complying with the developer and the tenant. Beside the tenantsʼ expectations and the buildingʼs premium standards, the high quality of services offered for the appropriate price by CBRE’s team was a key factor in the assessment of the tender," said Zoltán Borbély, Country Manager of Atenor. 

Váci Greens’ Building "C" has maintained an “excellent” BREEAM sustainability rating since 2012, while the office complex as a whole won Bloomberg’s "Best Office Development" award in 2011 in Hungary, the press release added.

ADVERTISEMENT

Századvég raises GDP forecast to 7.8% Analysis

Századvég raises GDP forecast to 7.8%

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New editor-in-chief at Betone Studio Appointments

New editor-in-chief at Betone Studio

BFK developing regional cycling strategy City

BFK developing regional cycling strategy

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.