Budapest, May 16 2018 – After being fully let for over 10 years, Budapest’s
first office building is on the market again. With its exceptional location in the
middle of Váci utca, the premier pedestrian area of Downtown Budapest, the Zászlós
Office Building is a real gem and one-of-a-kind opportunity on the office
market. Colliers Office Team has been exclusively appointed to lease the
building which will be available for occupancy from the first quarter of 2019.
The Zászlós Office Building was leased by Colliers
to Fundamenta for use as their headquarters building more than a decade ago. The building was designed by legendary Hungarian
architect Finta József, and is currently owned by the Hungarian subsidiary of
the German Müller Group. Located in the middle of Váci utca, it offers 7 000 sq
m GLA on 8 floors and has an underground garage accessed from Petőfi Sándor utca.
to encourage Hungary’s opening to the West in the mid-1980’s the building has a
unique location which is as sought after today as it was when the building was
originally designed and constructed. The exceptional technical specification
has likewise stood the test of time and is comparable with many Budapest office
buildings completed within the past five years.
The Zászlós Office Building provides an ideal solution for both large
companies seeking a flagship headquarters in Downtown Budapest and for medium
sized firms occupying a minimum of 1,000 m2. The Zászlós Office Building is the
perfect workplace for Generation Y employees, who thrive in the city-centre with
its comfortable accessibility and busy cultural and social life.
Zászlós Office Building is within easy walking distance of 3 metro lines and
many other forms of public transportation, and can be conveniently accessed by
both bicycle and car. An abundance of restaurants, coffee shops, theatres and
other services are located just steps away from the building, while the bank of
the Danube is just a 2 minutes’ walk.
today’s office market it is very rare to find a 7 000 sq m block of available
office space suitable for both single-tenant and multi-tenant use. We put Fundamenta in this one-of-a-kind building
back in 1999, and believe that this unique property with its prime location and
exceptional services will be an attractive solution for companies looking for
office space from 3-4000 sq m which require an optional area for future expansion.– said Michael
Smithing, Director of Landlord Agency at Colliers International.