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Articles - Váci road office corridor

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.

V17 reaches its highest point

The V17 Office Building in Váci út has reached its highest point, and property developer WING Zrt. marked the occasion with a topping-out ceremony and a tour of the building. The event was attended by District 13 Mayor Dr. József Tóth, as well as representatives of one of the office building’s major tenants, E.ON.

Skanska launched its Nordic Light office project in Budapest

Skanska started the construction works of its seventh office building in Budapest. Nordic Light, as it has been named, is being developed on inner Váci road, the main office corridor of Budapest. Phase I is scheduled for completion in the first quarter of 2016.