IP west

Fact Sheet

IP West is an asset starting its next chapter, with a new inner garden and
internal refurbishment completed – it is ready to be fully leased once again.

Address:

Budafoki ut 91-93.
1117 Budapest,
Hungary

ipwest.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

Infopark West
4037/12
Freehold
2009
32,134 sqm
29,618 sqm
646 sqm
1,870 sqm
842
8
4

Key Leasing Facts*

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

37.5%
4.9 yrs
4.4 yrs
€2.34mln
€14.5 psqm
€6.8 psqm
€89.5 psqm
€5.9mln
2,762 HUF / €7.27 psqm

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

Largest Tenants

Extra Information

IP West is located at the focal point of the popular South Buda submarket.
The asset occupies a dominant corner facing onto Budafoki road and overlooking BudaPart.
Easily accessible by car and public transport.
IP West offers an excellent parking ratio 1:36.
Built in two phases between 2009-2011, the asset has BREEAM-In-Use Very Good and Accessf4You certifications.
Proven past track record – now starting its next phase of occupation after refurbishment.
The building offers some of the largest floor plates in the market, which can be easily subdivided.