Europe's fastest-growing and ultra-low-cost airline, Wizz Air has acquired Millennium Tower I, an approximately 18,800 sqm Class A office building located in the Millennium Towers office park along the Danube. The property provides modern office space and around 270 parking spaces in one of the capital’s most established business locations.
Valter Kalaus, Managing Partner of Newmark VLK Hungary ads: “This is a major office investment in the Hungarian market and a clear sign of Wizz Air’s long-term commitment to Hungary. We are proud to have supported our client in securing a stable foundation for their future growth."
Newmark VLK Hungary represented the occupier throughout the acquisition, delivering strategic advisory, technical due diligence, negotiations and full tenant representation. The transaction stands among the largest recent owner-occupier office deals in Hungary and signals long-term confidence in the local market.
Newmark VLK Hungary
