Novodata moves into Blue Cube in Váci Corridor

Office Market

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Pharmaceutical software development firm Novodata is moving into the Blue Cube offices in the Váci Corridor, leasing more than 950 sqm of office space, according to a press statement sent to the Budapest Business Journal.

Blue Cube is one of the highlights of S IMMO Hungary’s real estate portfolio with its spacious, light-flooded and sunny offices and its flexible partitioning providing a perfect location for medium and large-sized companies, according to a the press statement. Excellent public transportation by M3 metro line, an in-house restaurant and conference room as well as plenty of services at the next-door Duna Pláza are available for tenants, the statement adds.

“We are delighted to have Novodata among our tenants and we are convinced that Blue Cube will prove to be a perfect choice with its numerous amenities such as access for vans and lorries, goods lift, customer service area, and the building’s high technical standard,” said Katalin Sermer, country manager of S IMMO in Hungary. “We experience a growing interest for the building which also boasts a ‘BREEAM Very Good’ certificate and we are confident that others will follow in the upcoming months,” she added.

Novodata was established in Hungary in 1988 and joined ADG Apotheken-Dienstleistungsgesellschaft mbH, part of the Phoenix Group, in 2016. Since ADG has a long-standing subsidiary company on a similar market, LX-Line, it decided to centralize the operations from two different offices into one common office space. The main driver in the office search was to find an attractive long-term solution for the consolidation of these two companies.

Colliers International represented landlord S IMMO, and Tower Ingatlan represented Novodata/LX Line in the transaction.

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