Newest phases of IP West reached nearly 40% occupancy

Tenants are moving into the newest towers of IP West office building located at the foot of the Lágymányosi Bridge in the 11th district.

The developer AIG/Lincoln, as one of the tenants, has relocated their office to the 4th tower of the building. Dalkia (French market leader in the energy sector) first moved to the building in 2007 and now has expanded into a larger space from the first phase and EBV Elektronik relocated their office and moved into the 2nd floor.

Office Line, the office- home- and hotel furniture retailer has opened their showroom and main office on the ground floor. Furthermore, Transcom Shared Service Center has signed a lease agreement for over 3,000 m2 relocating close to 600 employees from their 3rd district office. Zsombor Bereczki, the general manager of Transcom Hungary commented: “We carried out an extensive search of the market and finally selected IP West as the building that meets our existing requirements. The most important for us was a well located building meeting all technical-, IT and HR requirements. One that suits our corporate identity and satisfies our clients. We had great confidence that AIG/Lincoln was the right partner in delivering the best solution in all respect.”

The restaurant of the newest phase is due to open in September. The building has wide range of services such as 2 restaurants and cafes with outdoor seating area on the terraces, carwash, ATM, a bank branch, dry cleaning service and on site facility management operated by the developer. IP West has the best parking ratio among all office buildings in Budapest. The building has over 800 car parking spaces underground. Tower 5 of IP West, an individual office tower with 2,500 m2, offers great opportunity for HQ requirements with good visibility, separate entrance and identity yet enjoying all advantages of the project including the interior garden.

Zsuzsa Fekete, Leasing Director of AIG/Lincoln said: ”We are happy to welcome our new tenants in the building. With the latest successful lease negotiations with Transcom the new towers have reached 40% occupancy. Jones Lang LaSalle, the exclusive leasing agent of the project is currently negotiating with further prospective tenants. We are proud to see increasing interest for IP West office building.”