Wing sells V17 Office Building, deal to be completed in the second half of the year
At the end of 2015 Wing Zrt. agreed with Magyar Posta Takarék Real Estate Investment Fund, which is in the portfolio of Diófa Fund Management, that upon completion it would purchase the 12 700 m2 V17 Office Building under construction in the “Váci út corridor” business district. V17 is an office building with a “Very Good” BREEAM environmental rating, in which most of the space, 80%, is already leased out to E.ON Magyarország Zrt. from August 2016. The transaction will be fully completed once E.ON has fully taken occupancy, in October 2016.
WING launches new large-scale development on the Danube bank
First phase of the Hungarian Nobel Prize Winners Research & Development Park gets under way
Construction begins on Hungary’s largest single-block office development, the Magyar Telekom headquarters building
Construction of the Magyar Telekom Group’s new, 57,000 square metre headquarters building, which will be a defining feature of the Budapest cityscape, is now getting under way as a WING investment. The building, which is tailored to suit the company’s requirements in every respect and provides a truly 21st-century working environment, is scheduled for completion in the second half of 2018. The value of the investment is close to HUF 50 billion. The consortium of banks financing the project consists of UniCredit Bank Hungary, UniCredit Bank Austria and K&H Bank.
V17 reaches its highest point
New office building in the gateway to the Váci Corridor is nearing completion