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

Ghelamco Poland signed a record-breaking deal on Warsaw office property market (PL) Friday, April 17, 2015

Ghelamco Poland has signed a record-breaking agreement for the lease of office space at Warsaw Spire. The new tenant will take nearly 22,000 m² in the A-class building whose occupancy rate has now soared to over 50%.   The new…

share
  • Facebook
  • Twitter
Danish investors to lead development of “Carlsberg City” site in record €335 mln deal (DK) Thursday, April 16, 2015

A consortium of Danish investors acquired the former Carlsberg brewery site in central Copenhagen in a transaction valued at approx. DKK2.5 bln (€335 mln). The consortium comprises Realdania (25%), Carlsberg (25%), PFA Pension (20%), PenSam (15%), and Topdanmark (15%). This…

share
  • Facebook
  • Twitter
The award winning Howick Place development in London was sold (UK) Thursday, April 16, 2015

Doughty Hanson & Co (DH), Invesco Real Estate (IRE) and Urban & Civic (U&C) are pleased to announce the sale of 1-5 Howick Place in London SW1. The 173,000 ft² (16,072 m²) mixed-use development in Victoria is the product of…

share
  • Facebook
  • Twitter
Harworth acquires major development site near Newcastle (UK) Thursday, April 16, 2015

Harworth Estates, the UK property regeneration company owned by Harworth Group plc, has acquired the site of the former Lynemouth aluminium smelter near Newcastle-upon-Tyne from Rio Tinto.   The 320-acre (1.2 mln m²) Northumberland site, which is located near the…

share
  • Facebook
  • Twitter
European real estate loan sales reach €12.2 bln in Q1 2015 as activity spreads (EU) Wednesday, April 15, 2015

€12.2 billion of closed European commercial real estate (CRE) loan and real estate owned (REO) transactions were recorded in Q1 2015.   There has been a spreading of activity throughout Europe which has been characterized by sales in Italy. As…

share
  • Facebook
  • Twitter
Goodman to develop 120,000 m² logistics space near Budapest (HU) Wednesday, April 15, 2015

Goodman has signed a new lease agreement with Bosal Hungary Kft. for a 7,700 m² logistics facility at the Goodman Kecskemét Logistics Center in central Hungary. With the signing of the agreement, the real estate group maintains 100% occupancy in…

share
  • Facebook
  • Twitter
1 2 3 4 5
EVENT CALENDAR
  April  2015  
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  
The link to this report will be sent to your email:

* indicates required