Nordic Light is structurally complete

Press release 11/9/2015 4:23 PM CET

Developer Skanska held a topping out event to celebrate that office building Nordic Light in Váci út has reached its final height. Nordic Light, the leasing of which is exclusively handled by CBRE, will be one of the most effective and modern office buildings of Budapest. The building has a tenant already.

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Skanska started constructing the office building in Váci út in October 2014. The category “A” office building will be developed in two phases with the first phase to be delivered in Q2 2016 and the second phase to follow in Q3 10116. The office complex will have a floor space of 26,000 square meters on seven storeys including a restaurant and many other facilities. It will feature a three-level underground parking garage and a bicycle storage room, a shower and a changing room for those cycling to work. 

The office building has a preliminary lease contract signed for more than 10% of its available office space, that is, the entire first floor. The global specialist in energy management and automation Schneider Electric will move into an office space of 3,200 square meters in autumn 2016.

The Nordic Light office building was designed by Mérték Group. Its construction and sales are managed by Skanska Hungary Property Ltd.

The office building has already acquired the LEED Gold preliminary certificate and achieved a remarkably high score according to the sustainability criteria of the international green building rating system.

“Its venue, energy efficient technology systems and outstanding architectural solutions make Nordic Light one of the most attractive office market developments in Budapest and the next remarkable green building in Skanska’s portfolio”, said Zoltán Linczmayer, Managing Director of Skanska Hungary Property Ltd. 

„We are proud to be the exclusive letting agents for Skanska’s latest office building, that will create new green gardens open to the public.” – added Lóránt Kibédi Varga, Managing Director of CBRE. “Nordic Light is the only fully speculative office project on the Váci Corridor that will be handed over in 2016. Many international companies have already shown interest in the building, and lease negotiations are close to being finalised.”