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
Mom Park and WEBC transaction
A fund managed by Morgan Stanley Real Estate Investing, in a consortium with Hungarian developer and investor Wing and Austrian shopping center specialist CC Real, has acquired a portfolio of prime retail and offices assets located in Budapest, Hungary from a fund managed by AEW Europe.