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Vaci Corner Offices - NEW property management MANDATE

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Váci Corner Offices that is located in the heart of Budapest’s fastest developing Váci Office Corridor has a gross leasable area of 21,150 sq m. The building was designed to BREEAM Europe Commercial ´Excellent´ green classification and has achieved the highest score ever in this category in Hungary.

Cushman & Wakefield as property manager will not only be responsible for the supervision of the building’s operation and the execution of fit-out works but also for taking all steps to keep tenants highly comfortable in the new building. The property manager will delegate an on-site team after the delivery of the project that will secure the constant service quality to tenants.

Zoltán Scharek, Partner, Head of Property and Asset Management at Cushman & Wakefield in Budapest said: “We are extremely happy to have secured this new mandate to start up the operation of this best of class, modern office building being the first project of HB Reavis in Hungary. We are confident that the client will be satisfied with the services we provide and we are looking forward to a long term business relationship.”

Zoltán Radnóty, CEO at HB Reavis Hungary added: “We are confident that together with Cushman & Wakefield we will offer our clients the right combination of a great office building and outstanding services. In addition, C&W with its proven property management expertise will help us to optimize operating costs which will make our first Hungarian project an even more compelling option for tenants.”

Cushman & Wakefield as the leading Property Management firm in Hungary is currently managing 647,000 sq m real estate portfolio in Hungary comprising 161,972 sq m offices.