New tenants at CA Immo’s Millennium Tower II
CA Immo has entered into rental contracts for approximately 2,500 m² of office space in the Millennium Tower II in Budapest. The new tenants are expected to move in in late 2021 or early 2022, according to a press release sent to the Budapest Business Journal.
Among others, new tenants include Europe Lowe and the Research Center for Astronomy and Earth Sciences.
Millennium Tower II is one of the four buildings of the comprehensive “Millennium Towers” complex on the banks of the Danube, offering panoramic views of the Buda Hills south of the CBD in District IX. With a total gross floor area of approx. 70,000 m² (including 7,000 m² of shops and 1,200 parking spaces), the buildings are surrounded by green spaces and connected to the public transport network.
John McKie, Managing Director of CA Immo Hungary, said: “We are very pleased to welcome our new tenants to Millennium Tower II, including Europe Lowe and the Research Center for Astronomy and Earth Sciences. The high demand from tenants shows that the need for office space has not changed, as it remains the central place for most companies to work, communicate and share knowledge and experiences. “
The property also has a BREEAM Very Good sustainability certificate.
CA Immo’s Hungarian asset portfolio, which represented around 9% of CA Immo’s total portfolio as of June 30, 2021, consists of 10 office buildings in Budapest, including the four buildings of the Millennium Towers project (Towers I, II, III, and Building H), Bartók Ház, Capital Square, City Gate, IP West, R70 Office Complex and Vizíváros Office Center. All CA Immo office buildings in Budapest have received a BREEAM (Very Good or Excellent) sustainability certificate.
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