Orbico Hungary to Move to H2Offices

Office Market

International distribution and logistics provider Orbico Hungary has signed a long-term lease agreement for 1,253 sqm office space with a 64 sqm terrace in H2Offices. The company is expected to move into its new office in Q2 2023.

Orbico Hungary is part of the largest European full-service distributor and supply chain management company Orbico Group, supporting its client’s businesses by designing and implementing industry-leading solutions.

"We are very happy to welcome our new tenant at H2Offices and are pleased that our office project has been appreciated by yet another partner. We are sure that the Orbico team will thrive here, our office building was designed and developed with ESG principles and focus on users in mind, with a high emphasis on connection to nature," highlighted Amarilla Cseke, leasing and asset manager of Skanska’s commercial development business unit in Hungary.

Skanska started the development of the first phase of H2Offices in 2020 in the heart of the Váci Office Corridor and delivered it at the end of 2022.

“Moving a company to another location is not an easy thing to do, but we are ready to make this step to provide all the needed conditions for our team to be able to work exceptionally. Already the concept of H2Offices impressed us, and seeing the sustainability features, the energy-efficient solutions and the human-centered design made us firm in our decision.”- said Zoltán Becze, general manager of Orbico Hungary.

Experts from Newmark VLK Hungary have been responsible for consulting Orbico Hungary during the leasing process. "We have searched for a 'state of the art' facility for our client and we have found it at H2Offices. It seems to be a perfect match, and it is always fulfilling to find such a great office space solution for our clients," said Valter Kalaus, managing director of Nemark VLK Hungary.

H2Offices complex will ultimately provide approximately 67,000 sqm GLA after the completion of all its three phases. The name choice honors the history of the location as the complex is being developed on the former site of Budapest Waterworks.

The first phase consists of eight floors and three underground parking levels and covers almost 27,000 sqm of leasable area. The project is designed to obtain Well and Leed certifications.

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