The north western part of the South Buda office market, the Lágymányos micro-market is one of the most popular location of the past 15 years. Only 1.7% of the offices were vacant at the beginning of 2016, which is the lowest vacancy rate in Budapest.
With the contribution of DTZ two new tenants are moving to the exclusive office building, Alkotás Point. One of the tenants is Strusoft, a dynamically growing IT corporation specialized in the development on engineering software. The other tenant is an industrial service provider.
The Hungarian representation of the American watch manufacturer has decided to move its headquarters in Budapest from the 3rd district to Science Park, and will occupy a new office space from Q1 2014. – said Petra Holy, Associate Director at Colliers International Office Agency.
Office Garden I represented by Robertson Hungary has won a new tenant therefore occupancy of the office building nearly reached 90%. BME- Infokom Innovator Nonprofit Kft., concerned in Research and Development activities has rented the entire second floor of Office Garden I.
This year CBRE is involved in the leasing services of one of the iconic properties of Budapest - decided the owner of Alkotás Point, Heitman. Since September 2013, the iconic office building of Budapest’s southern gate, the Alkotás Point belongs to the offices represented by CBRE. The A-class office complex made up of three wings is managed by the American real estate firm, Heitman since 2012, who refurbished both the common areas and mechanical parts of the buildings with an - in Hungary previously unique - investment of 2.5 million Euros.
Good transportation links, the latest technological infrastructure, quality services, environmentally friendly construction and operation – these are the complex demands of the 21st century. Only a small number of properties in the Hungarian office market are able to satisfy these demands. Science Park owned by Heitman European Property Partners IV has recently been awarded a BREEAM in Use “Very Good” rating in all three possible categories, a unique achievement in Central and Eastern Europe.
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