V17 office building reaches its highest point

Office Market

press release

The V17 Office Building on Váci út, a HUF 10 bln development that is expected to be one of Budapest’s most efficient sustainable office buildings, has reached its highest point, property developer WING Zrt. said at a topping-off ceremony held today on the construction site.

“WING, as Hungary’s leading property developer, strives to deliver world-class performance in the domestic market. A great example of this is the V17 Office Building, where sustainability meets with the highest standards of technology. Our companyʼs aim is to create architectural, functional and financial value through the buildings developed and managed in our portfolio,” said Noah M. Steinberg, chairman and CEO of WING Zrt.

E.ON Group has signed a long-term tenancy agreement for 8,500 sqm of space in the building, and 600 of the company’s Budapest employees are expected to move into the space in the second half of 2016. E.ON plans to make use of the latest developments and innovations available in its new office space.

V17 is a sustainable office building, which is being built in an easily accessible location next to the Lehel Market Hall in Budapest’s District 13. The building offers state-of-the-art technology at market rents comparable to its Váci út location.

The designs for the V17 Office Building were created by Aspectus Architect, and the general contractor is Market Építő. The project is being financed by K&H Bank.

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