Systemax opens new shared services center in Corvin promenade, Budapest (HU)

Print Print
Tuesday, February 12, 2013

After KPMG, another large company has opted for Futureal. Systemax Inc. is opening a new service center in Budapest at Corvin Promenade. Systemax is a Fortune 1000 company, selling personal computers, computer components and supplies, consumer electronics and industrial products through a system of branded e-Commerce websites, retail stores, relationship marketers and direct mail catalogs in North America and Europe. The primary brands are TigerDirect, Global, Industrial, MISCO, and inmac wstore.

Systemax’s Budapest facility will support the company’s expansion strategy, as well as improve the efficiency of operations. The service center will provide centralized back office operations and by the end of the year the creation of approximately 200 new jobs has been targeted.

After extended consultations and the survey of a number of potential sites in Eastern Europe, Systemax determined that the Hungarian capital, and more specifically Corvin Promenade, provided the best combination of high-quality, tenant-oriented office space design, easy access by means of public transport, as well as an excellent service environment.

Chosen as the company’s headquarters in Budapest, Crystal Tower offers an enjoyable work environment that satisfies all demands, while its location provides the workers several high-standard services.

With its fitness rooms, restaurants, broad range of retail offerings and a colorful spectrum of Corvin Plaza outlets, Corvin Promenade and its comprehensive service package meet all the expectations a business would consider.

By having Systemax’s service center moved into Corvin Promenade, the rental occupancy rate of Corvin Offices will approach 100%.

Futureal Group is launching Phase III of Corvin Offices in the first quarter of 2013, i.e. the Corvin Corner development with a total rentable space of 6200 m², which is projected to be opened in the second quarter of 2014. With this further investment, Promenade will offer nearly 50,000 m² offices to tenants.

Source: Futureal

RELATED NEWS

pbb and Scor provide Apsys with €105 million development financing (FR) Friday, October 24, 2014

pbb Deutsche Pfandbriefbank and Scor have provided a €105 million development finance facility to Apsys. pbb acted as arranger and agent, initially lending the full €105 million prior to the syndication of €30 million with Scor, a leading global reinsurer….

share
  • Facebook
  • Twitter
IHG launches the Holiday Inn Express brand in Russia (RU) Friday, October 24, 2014

InterContinental Hotels Group, one of the world’s leading hotel companies announced the launch of its Holiday Inn Express® brand in Russia, the CIS and Georgia. In cooperation with Regional Hotel Chain (RHC), Russia’s rapidly growing hotel property developer, IHG is…

share
  • Facebook
  • Twitter
The GRI’s 1st Annual German Residential Real Estate Meeting kicks off in Berlin in November (DE) Thursday, October 23, 2014

The 1st edition Deutsche GRI Wohnen 2014, 24-25 November will bring some of the most active players in German residential real estate together at the Kempinski Hotel Bristol in Berlin. Public and municipal property companies, German and international investors, developers…

share
  • Facebook
  • Twitter
ECE starts constructions for Aquis Plaza in Aachen (DE) Wednesday, October 22, 2014

Aquis Plaza in Aachen celebrates its topping out: Construction workers raised the topping-out wreath on the shell construction of the shopping gallery in Aachen’s city center today. The interior construction work will start now; at the same time, the building…

share
  • Facebook
  • Twitter
Urban&Civic receives planning permission for new foodstore and industrial development (UK) Wednesday, October 22, 2014

Urban&Civic plc, via its experienced leisure and retail subsidiary, Terrace Hill, received provisional resolution to grant planning permission for a 99,659 ft² (9.197 m²) foodstore and petrol filling station, along with 32,000 ft² (2.972 m²) of industrial development at Altira…

share
  • Facebook
  • Twitter
Orchard Street secures Next Outlet to anchor Gretna Gateway Outlet Village, Scotland (UK) Monday, October 20, 2014

Orchard Street Investment Management, the specialist commercial property investment manager, has completed its first pre-let to Next Outlet at the new 15,000 ft² (1.393 m²) Phase III development of Gretna Gateway Outlet Village in Dumfries and Galloway, Scotland.   Next…

share
  • Facebook
  • Twitter
1 2 3 4 5
EVENT CALENDAR
  October  2014  
Mon Tue Wed Thu Fri Sat Sun
  1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31  
The link to this report will be sent to your email:

* indicates required