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

Legal & General Property acquires the Ocean Portfolio and Fradley Park, Litchfield for €286 mln (UK) Wednesday, December 17, 2014

The transaction was conducted jointly on behalf of Legal & General’s £1.7 bln (approx. €2.1 bln) UK Property Fund and its £1.2 bln (approx. €1.5 bln) Industrial Property Investment Fund.   The Ocean portfolio comprises 13 properties located throughout the…

share
  • Facebook
  • Twitter
IHG signs two InterContinental® Hotels in Europe Wednesday, December 17, 2014

InterContinental Hotels Group (IHG®), one of the world’s leading hotel companies, today announced the signing of two InterContinental Hotels in two focus markets in Europe. InterContinental® Dublin will bring iconic luxury to Ireland, and InterContinental® Baku represents the brand’s debut…

share
  • Facebook
  • Twitter
Unibail-Rodamco SE signs an agreement to develop Überseequartier in HafenCity (DE) Friday, December 12, 2014

Unibail-Rodamco, Europe’s leading listed commercial property company, has signed an agreement with the city of Hamburg for the urban planning and acquisition of land in Überseequartier. This includes the acquisition of land plots from former owners.   The agreement is…

share
  • Facebook
  • Twitter
Dominant Swedish retail hub to undergo major refurbishment and extension (SE) Wednesday, December 10, 2014

Swedish property developer and investor–AMF Fastigheter–has announced a significant revamp and 6,000 m² extension to Gallerian, central Stockholm’s leading shopping center at the heart of the Swedish capital’s retail district. The development will take internationally renowned Gallerian to 37,000 m² and…

share
  • Facebook
  • Twitter
Multi, Qubicon create Turkey’s largest mall owner and manager (TR) Tuesday, December 9, 2014

Multi Corporation, one of Europe’s leading owners, redevelopers and managers of prime shopping centers, announces that Multi Turkey has joined forces with Qubicon, the retail real estate investor and manager, to create one of the biggest players in Turkey.  …

share
  • Facebook
  • Twitter
SEGRO and Slough Borough Council renew landmark planning agreement (UK) Friday, December 5, 2014

SEGRO plc and Slough Borough Council have renewed the landmark Simplified Planning Zone (‘SPZ’) agreement that will enable the rapid creation of new buildings on the Slough Trading Estate for the next 10 years, further reinforcing the Trading Estate’s position…

share
  • Facebook
  • Twitter
1 2 3 4 5
EVENT CALENDAR
  December  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