Companies on the move – Four new tenants in Office Garden

The recovery of office market could already be perceived at the end of last year: a lot of companies moved to new office. This process seemed to continue in the first month of the year: four new tenants signed lease agreements for altogether 1,000 sq m in Office Garden I represented by GVA Robertson. Thus the occupancy level of the building reached 80 %.

” On one hand tenants are searching for buildings  with effective fit-out  due to cost- cut reasons, on the other hand they are still in good position in office market so they can lease spaces under very good conditions.  As it was already visible in the second half of 2010 less new office space is delivered to the market and the gradual absorption of the over-supply starts.  Office buildings in good  locations meeting the high-standard technical specification of the  21st century will soon be fully occupied. ” comments Róbert Papp, head of office department at GVA Robertson.

 Sió Eckes Kft., leading fruit juice manufacturer in Hungary, has chosen Office Garden for the location of their Budapest office.   The location is ideal for them, because they can reach their central  office in Siófok on the nearby  motorways in short time.   The high standard, environmentally friendly fit-out of the office  largely contributed to their decison.  

Lupus Consulting Kft. , dealing with SAP consultancy and operation,  has chosen  the building because its good location and flexibility both in  fit-out  and possibilities for expansion.

HairCare Professionals Kft. , which is the  Hungarian distributor of the professional branch of Procter and Gamble distributing the brands of Wella, Londa and SystemProfessional to hairdressers and wholesalers, were searching for an office in the 11th district close to their storehouse.  Thanks to  the effectiveness of the building the same number of employees can be seated on a  smaller area than in other office buildings.

NAVTEQ, which makes digital maps, had their previous office also in the 11th district and they searched for a new one in this location.  The quality of the buiding persuaded them. NAVTEQ was introduced by Colliers International.

The Office  Garden office park,  located in the 11th district, in one of the most dynamically developing  regions of Budapest, near the  Danube bank, in the block bordered by Szerémi and Budafoki roads.  Office Garden I is the first  building of the almost 70,000 sq m development. Thanks to the unique energy saving technologies  the service costs in Office Garden  are more than 30 % lower than the market price. Office Garden is easily accessible both by public transport and by car, the extension of tram line No. 1. will also contribute to good accessibility.