AstraZeneca Moves to Dorottya Udvar

In the frame of an exclusive tenant representation of CB Richard Ellis (CBRE), pharmaceutical giant AstraZeneca signed a lease contract on almost 1,500 sq m at Dorottya Udvar office building, located in district 11 of Budapest.

To find the best new office for the company, CB Richard Ellis provided advisory for AstraZeneca in three steps. “First, taking HR aspects into consideration, we identified the office requirements of the company and defined the optimal location of the property together with the client. “- said Judit Varga, Head of Office Agency at CBRE Hungary. “In the second phase, we prepared a targeted analysis of the real estate market. Finally, we helped short listing the appropriate buildings, took part in coordinating the technical procedures and assisted with the negotiation. We are pleased to have AstraZeneca, one of the world’s leading international pharmaceutical companies among our satisfied clients.”

“We were content with the full-scale tenant representation services of CB Richard Ellis and were happy to find an office building that ensures long term, green and efficient working environment for our operations.” – added James Greenhalgh, Managing Director of AstraZeneca.