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K&H purchases its new headquarters building

TriGránit Development Corp. and K&H signed the agreement pertaining to the purchase of banking group’s new headquarters building today. According to plans, the building is to be completed at the Millennium City Center by the end of 2011.

K&H Group’s new, campus type headquarters building is going to be built on the grounds of the Millennium City Center, on some 74,000 square meters. The 52,000 square meter “K” building will be purchased by K&H, while the bank will rent office space totalling approximately 9,500 square metres in the 22,000 square metre “H” building, on the basis of a lease agreement concluded in December 2008. Both buildings are to be designed by Finta Architects.

Environmental awareness and sustainability are primary criteria for the design and construction of the new headquarters building; engineering and electrical functional principles and devices, acoustic, ergonomic and technical solutions, green rooftop gardens and terraces all go to ensure environmentally friendly operation. 

In the scope of the above, the developer and the bank were the first in Hungary to launch the project in an American rating system formulated on the basis of environmental awareness and sustainability criteria.  

“Our objective is to be awarded gold level LEED certification, with which we are taking a pioneering role on the Hungarian real-estate market. So our project has a role with substantial prestige value as the flag-bearer of an environmentally aware attitude. Energy consumption is anticipated to be 30-40 % less due to the use of renewable sources of energy, thus operating costs will also go down significantly in line with this”, said László Hajdu, TriGránit Development Corp.’s development director for Hungary.

TriGránit is one of the largest fully integrated real estate investment, development and management companies in Europe. It has operations in 8 countries in Central and Eastern Europe, a large portfolio of completed trophy assets, and a pipeline of major mixed-use developments for the coming years.