Wing Breaks Ground on Evosoft Hungary Headquarters

Office Market

Wing has broken ground on the 21,400 sqm headquarters it is building for evosoft Hungary Kft., one of the largest software houses in Hungary and part of the Siemens Group.

New evosoft headquarters by Wing.

“When we decided to combine our software development activities at our sites in Budapest in one center, our goal was to make our staff work more efficiently,” said István Petényi, managing director of evosoft Hungary at the ceremony.  

“The more than 1,600 employees working at our company meet world-class software development, professional and quality assurance requirements. With our new central office building, we wish to create a world-class and inspiring workplace environment for them. By establishing this headquarters we are increasing the Siemens footprint in Hungary and regard this as a long-term commitment to the country,” he continued.

The LEED “Gold” accredited evosoft headquarters forms the second phase of the Hungarian Nobel Prize-winners Research and Development Park on a two-hectare site on the Buda bank of the Danube, close to the Infopark technology park and the Budapest University of Technology and Economics. The first phase of the project, the 24,000 sqm built-to-suit, LEED “Gold” certified Ericsson House was handed over in 2017.

The new HQ will include inner green areas, a roof terrace overlooking the Danube and a 700 sqm restaurant. The development has been designed by Wing’s in-house design studio Aspectus Architect Zrt., led by László Szerdahelyi.

“Wing’s goal is to provide a long-term solution to the demand for real estate from leading large companies active in Hungary as their partner,” commented Noah Steinberg, chairman and CEO of Wing.

Latest Technologies

“With the new office we will create a building that will have the latest technologies and will be environmentally friendly and energy-saving according to LEED ‘Gold’ environmental awareness criteria,” he added.

JLL advised evosoft in sourcing the site from a wide range of possible offers that were presented to company. While the south Buda area has become the high-tech hub in Budapest, Wing has established itself as a niche developer of built-to-suit high tech office headquarters in recent years. It delivered the 58,000 sqm Magyar Telekom Group headquarters located in District IX last year, for example.

“With built-to-suit projects we are able to agree a long-term lease with a major tenant and this puts us in a position to tailor the building to the specific needs of that tenant. At the same time the tenant needs to commit to a long-term lease of more than ten years,” Steinberg explained.

“This is in contrast to those buildings which are designed to a more flexible specification to meet the needs of multiple tenants. When we have a major tenant, we coordinate very closely with them in terms of what their needs are within the building, usually when we make an offer and then subsequently when we design the exact specifications. We are one the largest office developers in Hungary and have been doing it for a long time and we therefore have a strong set of skills that allows us to present a credible solution to major international tenants for a headquarters building in Hungary,” he added.

The evosoft complex is scheduled for handover in early 2021. Wing has meanwhile acquired four buildings in Infopark consisting of more than 100,000 sqm, and has the possibility of a further office development on a site adjacent to the Telekom building.

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