Budapest: Office project developed for energy-sensitive tenants

The first phase of the almost completely contactless Corvin Innovation Campus office building is expected to be completed by the end of 2022. The second phase of the nine-storey building is developed according to the energy-cost-sensitive tenants’ needs.

The construction is progressing according to plan

This spring the developer Futureal and Unicredit Bank signed a loan agreement for a total of €80 million to finance the Corvin Innovation Campus project. The 16,650 sqm first phase of the nine-storey building is expected to be completed by the end of 2022.

Despite the pandemic, the first part of the building has been almost fully occupied, and the first tenants will be able to move in early next year.

Employees are expected to return to energy-efficient offices

The second phase of the almost completely contactless office building is expected to be handed over at the end of 2023. This part provides 14,310 sqm of office space, and it has been developed according to the energy-cost-sensitive tenants’ needs – Property Forum reports.

Energy prices have risen more than tenfold in Hungary, making it a key factor for companies’ operations. Meanwhile, rising residential energy costs could accelerate the return of office workers, Futureal experts predict.

 

 

Photo: futurealgroup.com

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