July also brought many moves in the office, warehouse and retail areas – we can find out from the article on Portfolio.hu. Among others, the reborn Liget Center and Liget Auditorium, the completely renovated Star Center in Óbuda, and the Etele Plaza, which will open in September, will also receive new tenants.
July was eventful in terms of lease transactions, with three lease agreements announced in the office market, two of which relate to the Wing and one to the Futureal building. Among the industrial properties, we could report a contract, CTP agreed with the technical store chain Euronics for 28 thousand square meters in one of its industrial parks. There are also four new agreements in the retail segment, three of which were announced at the Etele Plaza, and the Csillag Center in Óbuda was expanded with a new tenant. THE Portfolio.hu compiled what lease transactions took place in July 2021.
RTL Hungary is moving
In 2024, RTL Hungary will move to a new office building. The headquarters and news studios of the media company will move to the building complex opposite Városliget, after WING and RTL Services Kft., The service company of Magyar RTL Televízió Zrt., Have entered into a long-term lease agreement for
Liget Center visual design, image source: Wing
The Liget Center monument building will be renovated before the move, so it will be transformed into an A + category media complex, in which RTL Hungary’s news directorate and news studios will be located, and the large studios of entertainment programs will be located in other locations.
The main designer of the development is TIBA Építész Stúdió, during the contracting process the tenant was represented by the international real estate consulting company Colliers Magyarország Kft. And the law firm CMS Budapest, and the landlord was represented by the law firm DLA Piper.
Another international tenant arrives at the Gizella Loft office building
The Gizella Loft office building reached almost full occupancy after its owner, WING, entered into a long-term lease with TK Elevator for more than 2,000 square feet of office space. The handover of the new office space is expected to take place in the fall of 2021. Another tenant of the building is TÜV Rheinland InterCert, with the previous and new leases, the building has reached 90 percent occupancy.
IBM Hungary will move its headquarters to the Corvin district
From 2023, the technology company IBM will move its headquarters in Hungary in several steps to the Corvin Innovation Campus office complex under development by Futureal. JLL assisted IBM in selecting the office, contacting us, and preparing the agreement. The lease was for 14,450 square feet.
Corvin Innovation Campus office building, source: Futureal
More details in the Portfolio.hu article:
Source: Ingatlanhírek by ingatlanhirek.hu.
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