Millennium Tower II.

Fact Sheet

MTII & MTIII are the focal hub of the Millennium Quarter – a dominant office campus overlooking the Danube and an iconic landmark of the Budapest Skyline.

Address:

Lechner Ödön fasor 7.
1095 Budapest,
Hungary

millennium-towers.hu

Key Property Facts

Object
Title Number
Tenure
Year of Construction
Gross Lettable Area
Off ice GLA
Retail GLA
Storage GLA
Parking Spaces
Aboveground Floors
Underground Floors

Millennium Tower II
38017/25
Freehold
2008
18,556 sqm
17,926 sqm
362 sqm
268 sqm
280
8
3

Key Leasing Facts*

Occupancy
WAULT to End
WAULT to BO
GRI in Place p.a. – ca.
WAR Off ice in Place
WAR Retail in Place
WAR Storage in Place
WAR Parking in Place
ERV Potential p.a. – ca.**
Service Charge – ca.

75.8%
5.3 yrs
3.4 yrs
€3.06mln
€16.1 psqm
€18.8 psqm
€8.3 psqm
€116.7 psqm
€3.9mln
2,818 HUF / €7.42 psqm

* Based on in-place lease agreements as of April 2024.
** Based on assumed full occupancy at market ERV.

Largest Tenants

Nestle_Logo
morgan-stanley logo
KLM_logo

Extra Information

  • Millennium Tower II is the second, central phase of the renowned Millennium Office Quarter.
  • It is located at the heart of the Millennium Quarter making it the focal point of the district.
  • Built in 2009 and features a BREEAM In-Use Very Good certification & Access4You certification.
  • MTII overlooks the Danube River, providing a premium panoramic view and landscaped park area.
  • Excellent accessibility by public and private transport with tram, bus and rail connections.
  • MTII & MT III form the focal section and anchor the Millennium Quarter.

Gallery

Contact

Tim_OSullivan_CBRE_bb_profile

TIM
O’SULLIVAN

Senior Director,
Head of Investment Properties,
Hungary

+36 30 534 17 44
tim.osullivan@cbre.com

Christofer_Pehrsson profile

CHRISTOFER
PEHRSSON

Associate Director
Investment Properties,
Hungary

+36 30 732 46 26
christofer.pehrsson@cbre.com