ADVERTISEMENT

New pre-lease in Váci Greens Building E

Office Market

A major software development company has signed a 7,500 sqm pre-lease at Atenor’s Váci Greens Building E with the help of Cushman & Wakefield Budapest, according to a press release sent to the Budapest Business Journal.

With the transaction, the office building is 40% pre-let six months prior to handover. This 40% comprises lease agreements with retail service providers as well, such as a restaurant, a bakery, a drugstore and customer service offices. 

Cushman & Wakefield PDS Team is providing interior design and project management services to the tenant.

The 23,500 sqm Váci Greens Building E is one of the six buildings of the 130,000 sqm Váci Greens office complex which is due to be fully completed in Q3 2020. Buildings A, B, C and D buildings have been 100% let for long-term tenants for years now, E and F, the last two buildings are 70% and 40% pre-let prior to delivery.  

"We are extremely proud that we have the chance to work on the Váci Greens project from the very beginning," Tamara Szántó, partner, head of office agency at Cushman & Wakefield in Budapest comments. "This transaction further strengthens our close and smooth relationship with the Landlord. The closing of the transaction was very rapid thanks to the cooperative and flexible approach of all three parties."

Ádám Csikós, partner, head of project and development services at Cushman & Wakefield in Budapest adds, "After completing more than 50,000 sqm of projects for GE, Unilever and others in Váci Greens we are happy to work here again. Our knowledge of the buildings is a great advantage which helps us better serve the Tenants."

Nikolett Püschl, development & leasing manager at Atenor says,"‘We are very pleased that another significant, company placed its confidence in Váci Greens, which strengthens us in that our vocation and dedication to our stringent principles – that Atenor develops at the topmost level and in the most sustainable way – are very successful."

Cushman & Wakefield is the co-exclusive leasing agent of Váci Greens building E and F.

ADVERTISEMENT

Czech economic confidence weakens in November Analysis

Czech economic confidence weakens in November

Lawmakers approve residency permit for digital nomads Parliament

Lawmakers approve residency permit for digital nomads

The strongest move - Morgan Stanley Hungary head and Chess F... Podcasts

The strongest move - Morgan Stanley Hungary head and Chess F...

New Jewish cultural hub opens in Budapest City

New Jewish cultural hub opens in Budapest

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.