Jury Awards

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Nordic Light, Budapest, Hungary

Category: Investment deal of the year, CEE

Providing 26,200 sqm GLA, the Nordic Light was commissioned for use in September 2016 and is nearly 100% leased to major international companies such as: BASF, Harman, Schneider Electric, Monsanto, M&C Energia, Mercedes-Benz, Sony, Rail Cargo Hungária, dwp Software and Cofidis. It is a seven-story office project located close to the heart of Budapest, in District XIII (the Inner Váci Corridor office district), along Váci Road - the main North-South arterial road of Pest. Its location spans the CBD, Central Pest and Non-Central Pest submarkets, and is still the most rapidly developing area in Budapest. Nordic Light, due to its modern appearance, applied sustainable solutions and LEED Gold certification, is certainly one of the capital’s most up-to-date office buildings, offering a great location to both its tenants and their employees. The building is easily accessible from all directions, both by public and private transportation.
When Nordic Light was being built, the building’s immediate surroundings were also being revamped. The passageway connecting Váci road and Visegrádi street has created a pleasant environment for tenants and local residents. New trees were planted around the building and the new public passage now connects the community to a garden and other amenities.

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