The River Estates office building is located in the central section of the Váci út office corridor. It is easily accessible by metro, trolley-bus or bus. There are hotels, restaurants and health care facilities nearby, as well as financial institutions and shopping facilities like the Lehel market or the WestEnd City Center.
Certified and flexible office space
River Estates is a modern, BREEAM-In-Use certified building with plenty of convenient features. The flexible room structure allows office sizes from 700 m² to 2,900 m² on one floor. The latter can accommodate up to 460 persons on open space or 276 persons on cellular layout. A kitchenette and restrooms are part of each office unit. All areas receive plenty of natural light and have openable windows.
Several amenities for tenants of River Estates
The building offers 20,245 m² of office and retail areas and a three-storey underground garage with 356 guarded parking spaces and guest parking. Apart from the main lobby, River Estates has three other entrances that may serve as dedicated reception for tenants occupying areas on several floors. River Estates has a reception and 24-hour security service. A comfortable working atmosphere is fostered by two green inner gardens, an in-house restaurant, DM and a gym. Bicycle racks as well as showers and changing rooms add to the offer.
Bike parking place
Locker room including showers
Parking for guests
Storage space in garage
Wellness & Spa
Storage areas on the underground level
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.
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