JLL and CBRE have been appointed to lease Budapest ONE Business Park, which is an iconic office development project developed by Futureal Group in Hungary. Both advisors will be cooperating on a co-exclusive basis on the office complex.
Budapest ONE Business Park will be located next to Etele square, an ideal location next to the exit of M1-M7 motorway, the Kelenföld Metro 4 stop, the regional train station, and the regional and local bus stations. The first phase of this project will contain nearly 25,000 square meters of offices for rent and 2,600 square meters of commercial and service unit. It will also provide significant green space and underground parking space with 480 parking lots. The work is expected to be finalised by the second half of 2019.
“We appreciate the assignment and I am glad that along with our expert team we have won the trust of the building’s owner. Our office portfolio has expanded with such a great addition that it can accommodate the needs of those tenants who are looking for a pleasant but not downtown location where modern services are easily accessible by the employees. Based on the strengths of the building and our professionalism, we are confident that we will successfully fill up the office spaces,” commented JLL’s head of office leasing, dr. Péter Würsching MRICS.
Judit Varga MRICS, Head of Advisory & Transaction Services, Offices at CBRE also added: “We are delighted to be part of this fantastic development and advise the landlord on the leasing of this project. Considering its location and architectural design of the office park, it is a unique building in the submarket. There is a huge potential to contribute growth of this part of the city in addition to encouragement of business life. Therefore, we expect significant result of deals from this assignment.”
Futureal Group has become the first property developer in Europe to receive the WELL Building Platinum Precertification™ at the same time for three of its office building projects including Budapest One Business Park. The office complex has been designed and will be operated to make a positive impact on employees’ health and wellbeing. Currently there are 34 WELL Precertified office buildings worldwide.