Digi , Gildamax, HostLogic, Danone, P.Dussmann, Erzsébet Táborok
Situation: The office block is in a much-frequented part of district XIII, at the junction of Váci street and Dózsa György street (about 50 m from the underground station), very easy of access. General information: a modern 9-storied office block, A-category, air-conditioning in the office areas, 24 hours security and reception service, entry only with magnetic cards on every storey, vestibules and passages with continuous camera surveillance, flexible partition-walls (according to the tenants request). Parking facilities: the building has a modern 3-storied underground garage with 300 parking places, protected by security service, not only for parking the tenants cars but for parking for guests - paid by the hour.
Bike parking place
Locker room including showers
Parking for guests
Retail gallery nearby
Storage space in garage
Wellness & spa
Public transport accessibility
Central heating system supplied by a gas boiler house
S IMMO started 2019 with large-scale transactions in the Budapest property market. Through purchasing a nearly 9,000 sqm plot, the company is preparing the development of a new office complex, while its existing buildings are still close to full occupancy.
Géza Barabás took over the management of the S IMMO Budapest subsidiary from March 1, and thus became the Budapest Portfolio Manager. Besides the regional outlook we talked about the plans of this year, the importance of honouring the staff and about the most wanted products.
S IMMO Hungary, owner of River Estates office building located at the junction of Váci road and Dózsa György road, co-exclusively assigned JLL and Robertson Hungary real estate agencies to lease 9,200 square meters of quality office space.
Ms. Katalin Sermer, CEO of S IMMO Hungary Kft is quite optimistic for the future regarding Budapest office market. The company is ready for an upward period, expected developments of the last years resulted; the average occupancy rate is above 90% – she says.
The technical and visual renovation of River Estates office building located on Váci út was completed by the end of 2015. In terms of sustainability, the installation of the new HVAC system (heating, ventilation, air conditioning) is the most important part of the project, significantly improving the building’s energy features. By the end of 2015 the building had an occupancy rate of over 96% with new lease agreements for approximately 4,500 sqm of office space.