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Infogroup sold Bartók Court I

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In strategic cooperation, Infogroup sold Bartók Court I office building to one its Hungarian-owned investment partner. Infogroup has vested interest in the long-term development and management of Bartók Udvar Office Park.

High-level management of Bartók Court I is greatly important to the Buyer, thus they entrusted Infogroup – within a the long-term strategic partnership – with the asset management of the building.

“Infogroup considers Bartók Court Office Park as one if its most important projects.  This transaction is the result of continous development and high-level management. Our long-term commitment to the Office Park is demonstrated by the development of Bartók Court II/A, which will be completed by the end of this year and that we also were entrusted with the  asset management of Bartók Court I.” – said Ádám Székely, general manager of Infogroup.

 

This year infogroup again takes part in the most prestigious real estate development fair

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The Budapest Stand has become the focus of international attention at the most prestigious fair of the real estate industry, MIPIM, in Cannes, France.

The Budapest Stand was set up and organised jointly by the Municipality of Budapest, the Hungarian Investment Promotion Agency (HIPA) and the Real Estate Developers Roundtable Association (IFK). As a member of the latter, InfoGroup is also represented among the exhibitor.

During the real estate developer’s round table discussion held at the Budapest stand, managing director Ádám Székely emphasized that the year 2017 would be characterised for InfoGroup by the development of built-to-suit (BTS) projects. He announced that innovative industrial and logistics real estate projects and infrastructural and logistics developments would take place in Northern Hungary in the near future. In Miskolc a 21,500 sq m hall with an extension possibility of 50,000 sq m and in Tiszaújváros a hall of 18,000 sq m hall with an extension possibility of 18,000 sq m will be built tailored to individual needs and with flexible and efficient interior design. In both cases, the goal is to meet the rental needs of global companies. As a result of the developments, new jobs will be created in an underdeveloped region with an otherwise excellent road network. He added that the construction works of the new 24,000 sq m phase of the Bartók Udvar office building complex, which is rare to find in today’s office market, will begin in Budapest soon.

Infogroup moves to an exquisite new office in bartók court

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From now on InfoGroup awaits its customers in a more spacious, exquisite new office in Bartók Court office building. “The modern, environmentally friendly and outstandingly equipped new office is a decidedly favourable change regarding the comfort of both our colleagues and our customers. Establishing the new office, it was important that the final result should appropriately represent our commitment to innovative and high quality technical solutions to our customers. Accordingly, the interior designers placed great  emphasis on the unique appearance of the customer meeting rooms, the reception counter and the related lighting equipment. Moreover, it was also our aim that the office should provide an inspiring environment for the employees as well,” said Ádám Székely, General Manager of InfoGroup.

“With their cheerful colour schemes, the various community spaces (lounge, kitchen, dining room) serve as venues of recreation and informal conversations. My colleagues also played an active role in designing and creating the new office,” the General Manager added.

Developments and investments with 27 years’ professional experience

InfoGroup started as a family business in 1990 and it has stayed one till today: the founder-owner head of the family is now assisted by his two sons with the management of the enterprise, which has grown to be one of the most significant family-owned property development and investment companies in Hungary in the recent years. Two times Business Superbrands and MagyarBrands award winner, Infogroup is associated with such developments as Bartók Court building complex, Karcag Industrial Park, Polgár Industrial Park, selected as the Industrial Park of the Year 2011, and Polgár Logistics Centre, as well as the construction of thousands of apartments.

The latest development of the company group is Phase II of Bartók Court office building, which is expected to be opened in August, 2018.

Austrian neodoerfler opens a new showroom in bartók court

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The Austrian manufacturer of office furniture, Neudoerfler has prolonged its contract and moved to a new and even more exquisite showroom and office in Bartók Court. The company already had its Hungarian seat in Bartók Court office building located in South Buda, which is soon to be expanded with a new phase. This move will now ensure them the venue for their successful operation for the long run.

Neudoerfler, renowned as the expert of multifunctional, ergonomic office furniture, as well as work space organisation and sound insulation, awaits its customers on 300 square metres in Building 1 in Bartók Court from mid-January 2017. Their newly leased area houses not only the offices but also a spacious and imposing showroom to cater for every need.

Common values and harmonic cooperation

“We always try to keep one step ahead of the market with our products, not only dreaming but also producing tomorrow’s office furniture. As a dynamically developing office building that offers flexible solutions, Bartók Court excellently matches the values and image of our company. Based on our experiences over many years, the characteristics of the building maximally satisfy all our expectations regarding logistics and the infrastructure alike. After selecting the new location to lease, it was a smooth process to furnish the area and move in and our customers visiting us can also witness the advantages of the recreated showroom” says András Bradács, General Manager of Neudoerfler Office Systems Kft.

It became appropriate to move the Neudoerfler office because construction works on the second phase of Bartók Court are soon to begin in order to meet the steadily increasing demand for “A” category offices and the old building, where the company used to rent its premises, will be demolished. “It is a great pleasure that it was obvious for both InfoGroup and Neudoerfler to continue together in the future”, says Ádám Székely, General Manager of InfoGroup.

Location in South Buda: unmatched advantaged even on a national level 

From the point of view of Neudoerfler, a company with its production base located in Burgenland, the proximity of the M1 motorway connecting the Hungarian capital with Austria is one of the key arguments for Bartók Court. Besides, it is highly appealing for all the tenants that the entry section of the M7 motorway starts in the close vicinity of the office building; it is easy to reach the M6 motorway, as well as M5, M3 and M2 motorways through the M0 ring road, while there is also fast and direct access to Liszt Ferenc International Airport.

It is good news for those arriving by private transport that the trams and buses leaving from Deák Ferenc Square, Óbuda and Móricz Zsigmond Circus stop immediately outside the building and the stations of the M4 metro line are within a few minutes’ walk. This means that Bartók Court Office Building can be reached from the city centre in as little as 15 minutes. Nearby Kelenföld Railway Station serves suburban and international trains alike and there is a P+R parking area next to it that can be used free of charge. In addition to good transport facilities, the popularity of Bartók Court is enhanced by the high standard of services inside the building and in the neighbourhood, as well as the educational and demographic figures of District 11. The office complex has been operating with excellent indicators since the beginning and its occupancy is nearly 100 percent at the moment. “Our tenants’ constant needs for expansion and the buoyant demand seen on the market prove that excellently located “A” category office buildings such as the new building of Bartók Court are highly sought after. In case of our new project, it is one of our priorities to construct an exquisite office building with outstanding standards of equipment and service packages, where the green and innovative solutions will serve the everyday comfort of our future tenants,” adds General Manager Ádám Székely.

Transportation is just one of many!

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Choosing the right office is half of the success for a business – but what exactly do we mean by good location? What are the aspects to consider when we are looking for an office, especially in the light of the fact that the choice of the office is a decision we make for many years and it will influence labour recruitment and employee satisfaction, too? In our article, we are examining the South Buda area, which has by now become the most popular and most dynamically developing part of Budapest regarding office development and renting.

From motorways to metro 4: all roads lead to South Buda

It represents real value for the companies renting offices or commercial premises here that they can be continuously and mutually within easy reach of their strategic and business partners or their suppliers. Regarding accessibility by car and the transport of goods, South Buda has the great advantage over the downtown area that there is a large number of street and P+R parking facilities. However, what makes this location beat not only Budapest but also the national average is that this is where the entry section of motorways M1 and M7 start from and M6 is also nearby, while motorways M5, M3 and M2, as well as Liszt Ferenc International Airport can be reached fast and directly via the M0 bypass.

Undoubtedly, the best known advantage of the area is the excellent public transport: metro 4 has 5 stations in District 11 so the city centre can be reached quickly from here, in as little as 15 minutes. In addition to the interconnected tram network of Buda, there are several bus lines that connect the southern part of the district with the important transportation hubs of Buda and Pest, while Kelenföld railway station and the Volán bus station next to it make Újbuda and the South Buda area within it the western gate of the capital on a national level.

Choosing location based on demographic and educational aspects? It is worth consideration!

However, good transportation is only one of the arguments for an office building in South Buda. Just think about it: it is at least as important that a company or enterprise should be able to continuously recruit sufficient numbers of workforce of proper qualification. District 11 is a good choice in this respect, too, as it has a population of 140 thousand people, which could make it the fifth largest city in Hungary, not counting Budapest.

The educational infrastructure is excellent: this is where several determining institutes of Hungarian technical and economic higher education operate, such as BME, the campuses of ELTE, Gábor Dénes College and Budapest College of Management. The major tenants of the district are the IT companies so South Buda is the stronghold of information technology in Budapest and one of the most popular locations with employees.

Looking for an office to rent? Rent in a business-friendly district!

There are tens of thousands of businesses operating in Újbuda, whose activities are helped by industrial parks, innovation and technological centres in the district. According to the information annually published by HVG, 9 of the 100 Hungarian companies with the highest profit operate in District 11. The local municipal government supports the operation of the companies with various business-friendly measures, including simplified administration, transparent information flow, as well as local and EU funding sources.

The excellent conditions and the popularity of the district are proved by the fact that nearly one tenth of all the office complexes in the capital are located here and the latest surveys testify that this area has the lowest vacation rates (4.7%) in Budapest, which means that it is almost impossible to find empty offices.

A new office building is constructed in South Buda to satisfy the high demand

As the occupancy of the existing office stock is the highest in the capital thanks to the unique geographical, transportation, infrastructure and demographic conditions of the district, there is a significant need for newly built office buildings. Drawing on this enormous demand, InfoGroup will soon begin the construction of the second phase of its Bartók Udvar office building in Bartók Béla Street, the artery of South Buda.

The new facility of 24,000 square metres of rentable area, to be completed in summer 2018, is made extremely attractive for the future tenants, office workers and service providers by the excellent South Buda location, the possibilities of public transport and parking, as well as the high quality equipment and representative appearance of the future building, along with the high standard services available within it and in the neighbourhood. The preparatory work of the project are well under way; in order to flexibly satisfy market needs, the construction of the new Bartók Udvar office building can be completed in one go or divided into 3 phases.