TriGranit and Revetas Capital have officially obtained the occupancy permit for the second phase of Millennium Gardens. This achievement represents a noteworthy milestone in the development of Budapest's sustainable office landscape.
The second phase of Millennium Gardens offers even more modern, sustainable, and flexible office spaces for businesses. Its energy-efficient design adheres to BREEAM 'Excellent' standards, reducing its ecological footprint while providing top-tier amenities. The complex is located near public transportation, the airport, and top universities, making it an ideal choice for forward-thinking organizations.
“Receiving the occupancy permit for Millennium Gardens' second phase marks a milestone in our commitment to pioneering sustainable office and community spaces. This marks the completion of the Millennium City Center development, a district rehabilitation project started in the late 1990s, which catalysed the growth of the office market in South Pest. I hope that incoming tenants will find as much joy in working in Millennium Gardens as our current tenants do!” – said Tom Lisiecki, CEO of TriGranit.
Eric Assimakopoulos, Founding Partner at Revetas Capital, declares: “Millennium Gardens, the jewel in the crown of our Hungarian portfolio, has now reached its final stage of completion. This exceptional project offers 37,000m2 of cutting-edge offices delivered in two phases, setting a remarkable example of responsible building standards and environmental impact reduction across our entire portfolio. The second phase of development perfectly complements the first, which has been consecutively recognized as the Best Commercial Office Development for two years in a row, adding new amenities and flexibility, perfectly adapted to the current market requirements. Millennium Gardens has transformed the South Pest office market into a vibrant centre for innovation and commitment to sustainability, attracting prestigious international companies in various industries. It not only completes our initial vision for the Millennium City Center revitalization project of 12-ha brownfield site but also stands as a testament to the commitment we made to our stakeholders and tenants 17 years ago.”
Image provided Reveta Capital.
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