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Articles - Promenade Gardens

New Leasing Director at Horizon Development

Kata Mazsaroff will assume the role of Leasing Director at premium Hungarian real estate developer Horizon Development from September 2020. With her ambitious goals and remarkable professional background, the new executive will be heading the company’s leasing department and participating in the value creation process of the company.

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Daikin Opens New Showroom in Promenade Gardens

Daikin Hungary set up its state-of-the-art showroom on a 309 sqm ground floor retail area in Tower ‘B’ of Promenade Gardens office building.

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ERSTE Real Estate Fund Acquires Promenade Gardens

Promenade Gardens – the most technically advanced office building recently completed on the Váci corridor – changed owners on 1 August 2018, when ERSTE Real Estate Fund purchased the 97% leased property from the developer, Budapest-based Horizon Development. The new, sought-after, dual certified sustainable asset of 25.000 sqm has already been chosen by a prestigious line of international tenants such as Celanese and Citibank, with more signed deals to be revealed soon.

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Celanese and Citibank choose Promenade Gardens office building owned by Erste Real Estate Fund

Anchor tenant Celanese was the first to move into just completed Promenade Gardens office building last week, now occupying their new 4,200 sqm headquarters. They will soon be followed by Citibank Europe, as the Hungarian Branch Office of the global bank is setting up its new 8,000 sqm Budapest office from 1 December in the A+ category property owned by Erste Open-Ended Real Estate Fund and developed by Horizon Development.

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Ildikó Rézműves, Marketing Manager - Horizon Development

Representing a large portfolio of over 8 office buildings in Budapest, it has always been a prerequisite of our leasing activities to secure the right exposure to a relevant target audience. Irodakereso.info/Officerentinfo.hu is one of the channels that generates tenant inquiries that ultimately contribute to our buildings being over 80% occupied.

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