TriGránit appoints CBRE to lease Millennium Gardens

Office Market

pr

The Hungarian office of commercial real estate services firm CBRE has been commissioned by property developer TriGránit  with the exclusive leasing of its latest development, the Millennium Gardens office building, according to a press statement sent to the Budapest Business Journal today.

The Millennium Gardens office building, offering 37,000 square meters of office space, is being built in close proximity to the Danube alongside Müpa Budapest (formerly the Palace of Arts) and the National Theater, and is scheduled for completion in 2019. CBRE describes the office building as a “true gem of the Budapest office market, where unique architecture and a large green park and stunning river view awaits future tenants,” the press statement said.

“We were pleased that the developer decided to appoint the CBRE team as the exclusive leasing agency. Having the largest office leasing team on the market, consisting of six skilled experts, we managed to support our clients with significant lease transactions last year,” said Judit Varga, Head of Office Agency at CBRE. “With the construction of the Millennium Towers, TriGránit has already proven that it can meet customers’ needs 2-3 years in advance, as these were also built-to-suit buildings and tenants (including K&H Bank, Morgan Stanley, Vodafone and Duna Medical) have all been very pleased with their offices ever since. The Millennium Gardens will thus also be a perfect choice for companies with high demands,” she added.

“TriGránit continues to see great opportunities in the Budapest office market, which is why we started developing the Millennium Gardens. South Pest has only a few new offices available, so this development can almost be regarded as a niche. We are confident that we are about to start a successful and fruitful cooperation with CBRE, the same as before,” said Sarolta Csikós, Head of Office Leasing at TriGránit.

CBRE has been TriGránit’s partner since 2006, when leasing of the Millennium Towers office buildings began.

ADVERTISEMENT

Consumer price levels below EU avg in 2020 Analysis

Consumer price levels below EU avg in 2020

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Breast cancer screening at Dr. Rose Private Hospital Interview

Breast cancer screening at Dr. Rose Private Hospital

Budapest launches revamped coupon card for visitors City

Budapest launches revamped coupon card for visitors

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.