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Articles - S IMMO

Renovation of River Estates finished in 2015

2/8/16

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.

S IMMO office buildings strengthen market position

12/17/15

A new star has appeared recently and is rising on the office market in the downtown theatre district of Budapest. Podium Office building was vacated one and a half years ago, and has since undergone a complete renovation. The building is owned and operated by an Austrian investor, S IMMO AG and its Hungarian subsidiary, while marketing and the exclusive leasing consultancy is done by Colliers International Hungary. So is another office building in S IMMO’s portfolio: Blue Cube which received a BREEAM In-Use Very Good classification in the Asset and Building management categories.

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Harkácsi István

+36 30 644 7655


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