Nestlé moves into Millennium Tower II (HU)

Global real estate consultant Cushman & Wakefield has successfully advised in the lease agreement of Nestlé Hungária Ltd for 3,890 m² of offices in Millennium Tower II, developed by TriGránit.

The landlord was represented by CB Richard Ellis international property adviser. Cushman & Wakefield is mandated with the project management of the new Nestlé offices. The tenant will move into the new office in April 2009.

"Our new offices in Millennium Tower II will respond to the changing needs of our global corporation and to the requirements of our dynamically-growing local operation. The unique environment and the market-leading technical standards of Millennium Tower II embody the values our multinational company is standing for. We are convinced that Millennium Tower II is the right choice for us," said by Aldo Siegrist, Managing Director of Nestlé Hungária.

"It is a great honor for us to have one of the world's leading consumer product manufacturers, Nestlé, as our new tenant and business partner. Nestlé is joining a prestigious group of existing tenants in Millennium City Centre, including Vodafone, Morgan Stanley, Lexmark, Boehringer, JTI, Prologis and Lufthansa. We are confident that they will find a new home fulfilling all their needs," says László Hajdu, Development Director for Hungary of TriGránit.

Millennium Tower II office building located on the East bank of the River Danube, in Pest offers 20,000 m² of office space with a three story underground garage, café-restaurant, fitness centre, banking services and cultural and conference facilities offered by the National Theatre and the Palace of Arts. The eight-story office building was designed by the FIABCI award winner Schön Architects. The A-class office buildings within Millennium City Centre represent outstanding quality in the Hungarian office market. The buildings' technical specification and services correspond with TriGranit's high quality standards and green environmental policy.

Source: CBRE

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