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Related news

100% tenant retention rate in Park Atrium, Budapest.

Cherishing great landlord-tenant relations through ongoing personal dialogues and continuous property improvements has always been a key to the success of GLL Real Estate Partners. The international real estate fund management company outperforms the market in terms of occupancy, and maintains below average vacancy rates in its office buildings located in many European capitals.

Exceptional occupancy rates in the Central Business District

During the second quarter of the current year three new tenants joined the centrally located premium office building, and one of its current tenants expanded its lease contract. The self service restaurant on the ground floor will introduce a hybrid concept that is unique in Hungary. From now on it hosts the BADGIRLZ bar and club in the evenings while during the day it continues to operate as a high quality restaurant.

The market is clearly growing – says GLL

Bence Balázs, MRICS responsible for Asset Management at GLL Real Estate Partners means that exciting products could always shop up at Budapest market, but there is no time to relax: not only other cities in the region are our competitors, as almost the entire world is competing for investors' money.

Exclusive and Cost-effective: This Is How Bank Center Attracts Tenants

The premium office building in downtown Budapest has two new tenants. There has been almost 1,600 square meters of transactions completed during the summer and that leads to an outstanding occupancy rate of 88% at Bank Center.