CA IMMO office building IP WEST awarded Well Gold certificate

CA Immo recently carried out extensive modernisation work on the building, which is located in the Buda South submarket.

To ensure the highest quality standards, CA Immo has initiated a WELL Core certification process (Gold level) for the IP West office building. WELL Building StandardTM (WELL) is an international-ly recognised standard for advancing health and well-being in buildings and promotes measures in the categories of air, water, light, movement, thermal comfort, nutrition, noise, materials, spirit and community (wellcertified.com). In addition, the building also conforms to the highest sustainability standards according to BREEAM Vergy Good level.

Following modernization, the IP West office building is a modern, environmentally friendly building that utilises modern technologies and offers excellent services to promote health, comfort and sus-tainability. During the comprehensive revitalisation of the office building's common areas, new communal functions were created to ensure an ideal working environment for employees in the building. These include coworking, a fitness area, a library, a spacious lounge area with a pool table and table football, etc., as well as a high-quality garden area.

Judit Varga MRICS, Head of CA Immo Hungary: "Achieving the internationally recognised WELL Gold certification fills us with pride and confirms that our building not only meets the highest standards of a Class A building in technical terms, but also meets the justifiably high demands of our tenants for a healthy and inspiring working environment."

Dóra Kelecsényi, Senior Leasing Manager at CA Immo, adds: "The refurbished space of IP West and the newly introduced services for the comfort of our tenants have contributed significantly to the fact that many domestic and foreign companies have chosen our building as their new headquarters. We would like to thank our existing and new tenants for choosing our IP West office building."

IP West comprises around 32,100 sqm of office space and around 800 parking spaces. Located in the 11th district of Budapest in southern Buda, west of the Danube at the foot of Rákóczi Bridge, the building enjoys excellent links to the road and public transport networks. Aside from the good loca-tion and infrastructure, the office building guarantees flexible office configurations and high tech-nical standards. With its cafeteria and canteen, the courtyard is the ideal place to rest and recuperate.

As of 31 December 2023, CA Immo's Hungarian portfolio consisted of eight office buildings in Bu-dapest with a total lettable area of around 180,000 sqm and a book value of around €382 m. All Hungarian buildings have BREEAM-In-Use Very Good or LEED Gold sustainability certification.

CA IMMO