Co-Exlusive Leasing Mandate on Atenor’s Váci Greens

Global real estate consultants Cushman & Wakefield (C&W) and Jones Lang LaSalle (JLL) have been appointed by Atenor Group Hungary the developer of Váci Greens as joint letting agents for this landmark office development.

The Váci Greens project is located in Budapest’s Váci út corridor in the 13th district near to Árpád bridge and will be developed in 5 phases. Once completed it will offer 85,000 sq m of Grade “A” office accommodation. The Váci Greens office park is the biggest office project to be delivered in Budapest between 2010 and 2013. The handover of the first three phases of Váci Greens offices is due summer of 2012 and tenants can occupy their new offices during the autumn of 2012.

Gergely Pados, Head of Office Agency at C&W Budapest said: “It is a great pleasure for us to work with Atenor as the co-exclusive letting agent on this prominent and high quality green office building. Váci Greens has excellent location, both in terms of accessibility and profile and we are confident this will contribute to the successful leasing of the project.”

James Berry, Director, Head of Transactions at JLL Budapest added: “Váci Greens is an outstanding office development that will be an exceptional place for people to work. Combined with its green credentials and excellent access for staff we expect there to be strong interest in this project from new tenants.”

Váci Greens office park is the latest office and commercial real estate development in Budapest with unique green solutions. The internationally recognized Atenor Group’s first investment in Hungary brings a new dimension to the capital’s office market. Váci Greens will be more than usual workplaces: spectacular public square, park and passages opened for the public creates a unique harmony of work and urban spaces in Hungary. The Váci Greens multi-stage development covers 100.000 square meters, with parks, commercial areas and terraces. In April 2011 the developer Atenor Group received the BREEAM Excellent certificate for the unique sustainable, environmentally conscious, energy and cost-effective office buildings.