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Atrium Park: Extension of three leases covering 18,000 sqm in Budapest

04.12.2012 | Hungary

IMMOFINANZ Group recently signed contracts to extend three leases in the Atrium Park, one of its showcase office properties in Budapest. Three major tenants decided in favour of extending their leases – in part with an increase in space – and will occupy approx. 18,000 sqm in the Atrium Park up to the middle or the end of 2017, respectively.

“The full integration of asset management into our company was the right step: we are now even closer to our tenants and can meet their individual needs much better. This improved service is highly valued by our tenants and strengthens their trust. These three lease extensions in the currently difficult Hungarian market prove that our decision was right“, indicated Eduard Zehetner, CEO of IMMOFINANZ Group.
The Atrium Park is located in the 13th district on Váci Road near the Árpád Bridge, only five minutes from the center of Budapest. The office building is characterised by high functionality and provides a modern, pleasant working atmosphere over 38,000 sqm. Tenants also benefit from an efficient on-site infrastructure: Retail shops, a restaurant and a cafeteria are located on the ground floor. A garden in the interior courtyard creates a green rest area in the heart of the city with ponds, arcades and promenades. An added convenience for tenants is the generous parking in an underground garage.

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