CBRE acquires management of Váci Greens building

Office Market

CBREʼs Asset Services department won the property management mandate of Váci Greensʼ Office Building “C” – an 8,000 sqm office building with excellent sustainability indicators – from Atenor Group, CBRE said in a press release today.

"Winning Atenor Groupʼs property management tender is a very important stage in the growth of our Asset Services business, which aims to become the market leader in Hungary. In addition to several premium office buildings (Andrássy Palace, Liget Center, Andrássy 100), two major shopping centers in Budapest (Pólus, Campona), the Interspar hypermarkets and the M0 Central Business Park logistics center, the operation of one of the most modern buildings on the Váci Street corridor will be a very exciting and prestigious task for our colleagues," said Zsolt Kákosy, Head of CBRE’s Asset Services. 

"We are pleased that we have found the property manager for our multiple award-winning, environmentally friendly and long-term leased building. We expect that the Asset Services (property management) department of the worldʼs leading real estate advisor will provide excellent management services for one of the most remarkable Hungarian office developments, complying with the developer and the tenant. Beside the tenantsʼ expectations and the buildingʼs premium standards, the high quality of services offered for the appropriate price by CBRE’s team was a key factor in the assessment of the tender," said Zoltán Borbély, Country Manager of Atenor. 

Váci Greens’ Building "C" has maintained an “excellent” BREEAM sustainability rating since 2012, while the office complex as a whole won Bloomberg’s "Best Office Development" award in 2011 in Hungary, the press release added.

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