ING Insurance Move to Laurus Offices

Two regional departments of ING Insurance move to Laurus Offices, developed by Erste Group Immorent Kft. The insurance company signed a rental contract for almost 600 sq m in the office complex represented exclusively by CBRE. The building, situated at the Határ út metro station was the only speculative development to be handed over in Budapest in the second half of 2011.

Sándor Gyáfrás, Managing Director of the Erste Group Immorent Kft. commented: “It is a great pleasure to welcome Hungary’s market leading life insurance company as our new tenant.  This agreement justifies our work so far and our belief that a high quality project at a good location can be successfully let to quality partners even in today’s challenging market environment.” Adrienne Konthur, managing director CBRE Hungary added: “Tenants of Laurus Offices not only benefit from its flexible layout but also enjoy the advantages of the latest green technologies installed in the building.”

Laurus Offices was developed by Austrian Erste Bank’s affiliate specialising in property development, the Erste Group Immorent Kft and is located at Határ út metro station. It provides a total of 14,000 square meters of grade ‘A’ office space and 1,000 square meters of retail space, as well as numerous underground and surface parking spaces for tenants. Laurus Offices consists of three separate blocks encircling a closed inner courtyard which with the surrounding green area provides a relaxed working environment for its tenants.