News, analysis and lease transactions from the Hungarian office market
In IMMOFINANZ's Hungarian portfolio, several lease agreements and extensions of almost 21,000 m2 have recently been successfully completed. Thus, most of the company's local office buildings are currently fully leased
The first, Building “A” of the 21,000 m2 Aréna Business Campus, handed over last May, has obtained the highest, Gold certificate of Access4You.
Major upgrades have launched recently in myhive Haller Gardens office building and a showroom has been completed in the first phase as planned.
Since property asset managers deal with several types of property data and data entries on a regular basis, compromised data quality – whether it’s obsolete, incomplete, inaccurate, or contains errors – is a common issue. This isn’t a problem specific to real estate property management, it’s a problem with data management in general.
Investor developer HB Reavis entrusted ConvergenCE with the leasing of 8,000 m2 of Agora Tower last year, followed by an additional 6,000 m2 at Agora HUB this February.
The local gastropalette in the Árpád Bridge area has been enriched, thanks to the opening of Twinz Coffee & Kitchen. Located at the ground floor of the Árpád Center office building, owned by ConvergenCE, it serves modern cuisine and its very own specialty blend coffee.
Italy’s leading professional phytocosmetics brand Vagheggi will launch its brand new flagship store, in Green Court Office, Budapest, in the second half of 2021.
ATENOR has signed an agreement relating to the acquisition of new plots in the District XI of Budapest for a total area of 82,861 m².
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