Systemax opens new shared services center in Corvin promenade, Budapest (HU)
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.
Over the last few months, GreenOak has acquired five logistics assets in Greater Madrid totaling over 100,000 m². It has also secured exclusivity on a further three assets comprising an additional 100,000 m² in Greater Madrid that it expects to…
Foncière des Régions, through its subsidiary Foncière des Murs, and MEININGER Hotels signed an agreement for a new MEININGER Hotel in Munich located on Landshuter Allee, close to the Olympic Park. This is the first joint hotel project of Foncière…
Skanska has signed a contract with The Road and Motorway Directorate for construction of a new part of the D1 motorway between Lipník nad Bečvou and Přerov, Czech Republic. The contract is worth CZK 2.7 billion (approx. €99.5 mln)…
W. P. Carey Inc. announced that CPA®:18 – Global has entered into an agreement to fund the development of a new hotel in Hamburg, Germany. CPA®:18 – Global will provide approximately €25 mln for the construction of the property, which…
HOCHTIEF Projektentwicklung is building a 144-room hotel on Petriplatz in Berlin-Mitte. Construction will start at the end of this month. Frasers Hospitality bought the property off-plan and will start operating the hotel at the beginning of 2017. It was agreed…
Weston Homes, in a joint venture with Cathedral Group, a wholly owned subsidiary of Development Securities PLC, are transforming the historic 1.2 acre Telegraph Works site in Greenwich, into a new £120 mln (approx. €168.2 mln) residential address providing 272…