Millennium Tower H

Fact Sheet

MTH is a boutique office within the Millennium Quarter, benefiting from the success of the neighboring towers while offering a smaller profile investment opportunity.

Address:

Lechner Ödön fasor 10. 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 H
38017/56
Freehold
2011
12,341 sqm
10,565 sqm
977 sqm
799 sqm
247
7
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.

89.6%
2.9 yrs
2.7 yrs
€2.57mln
€17.7 psqm
€18.1 psqm
€9.2 psqm
€119.3 psqm
€2.7mln
3,331 HUF / €8.77 psqm

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

Largest Tenants

Extra Information

Millennium Tower H is the final phase and the smallest amongst the Millennium Towers.
Developed in 2011, it features a LEED Gold certification & Access4You certification.
MTH offers an opportunity to buy into the Millennium Office Quarter without the large concentration exposure of the other towers – while still benefiting from their success.
The main part is occupied by K&H Bank (73% of GRI), while the other areas are shared by 5 international tenants.