Cookie Use Notification

This site uses cookies to provide you with a more responsive and personalised service.

By using this site you agree to our use of cookies as set out in our cookie notice. Please read our cookie notice for more information on the cookies we use and how to delete or block the use of cookies.

Vodafone Hungary - Renegotiation of Office and Retail Lease

Click to Enlarge

The Challenge

Vodafone Hungary has appointed C&W to renegotiate its existing leases for the mother company occupied locations in Hungary. The client’s major objectives were to reduce their rental costs and optimise store locations.

The Solution

Step 1: Renegotiations with the landlord’s of existing stores and rationalization of the rental costs for a long term agreement.

Step 2: Evaluation of the existing locations and negotiations for relocation if needed.

The Results

Cushman & Wakefield, as the preferred agent for Vodafone Hungary, has successfully completed the renegotiations on 11 locations, including a relocation, with significant savings realized for the firm. Cushman and Wakefield has also managed to secure a location within a very short period of time for Vodafone’s Smart Store, which is a unique concept in Europe.


Viktória Szabó

Head of Retail

Budapest, Hungary

Phone +36 1 484 1318

Contact me

Related Case Studies

Cushman & Wakefield is the Property Manager Nordic Light Office building since May 2016.


Park center- Retail Warehouse


Dunaharaszti, Hungary, Development site