Deutsche Telekom IT Solutions Moves to Telekom HQ Building

Office Market

Deutsche Telekom IT Solutions has moved to Telekom HQ, a Wing development, meaning that one of the largest office buildings in Hungary now has multiple tenants.

The headquarters of Magyar Telekom, located in District IX, was completed in 2018. It comprises 58,000 sqm of leasable area in total, 11,000 sqm of which is now leased by Deutsche Telekom IT Solutions. Apart from the offices now occupied by telecom companies, an additional 7,500 sqm are available to future tenants.

"As one of the leading office developers in the Hungarian property market, it has always been a priority for WING to provide quality solutions to our tenants’ needs— to do this, it is essential that we adapt to the evolving expectations of the corporate world and the property market," said Gábor Angel, Wing Zrt.’s deputy CEO for office developments.

"We are proud to report that we have been successful in our efforts: another company has decided to move its headquarters to the Telekom building. With the new tenant, we have reached a major milestone: this is now a multi-tenant building with additional category A+ office spaces available to prospective tenants," he added.

The building, owned by Wing and managed by Telekom, offers a number of features and services to existing and prospective tenants. Services available include a restaurant, a café, a gym, a running track, a car wash, bicycle racks with changing rooms, an underground parking garage, and a conference room. Tenants will also have access to the premium services of the Liberty complex, an office building soon to be completed right next door. The office building also has environmentally friendly solutions, which are now expected in the Budapest office market, and has a Breeam Excellent certification.

Thanks to its location, Telekom HQ is also  easily accessible. The recently renovated M3 metro line offers a direct and convenient connection to the city center, and tram no. 1 also has a stop nearby. National and international routes are available from the Népliget bus station and the Ferencváros railway station. The Lurdy Ház shopping center is nearby, and there are several grocery stores and a number of restaurants, and there are cultural attractions in the vicinity.

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