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.
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
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.
TIM
O’SULLIVAN
Senior Director,
Head of Investment Properties,
Hungary
+36 30 534 17 44
tim.osullivan@cbre.com
CHRISTOFER
PEHRSSON
Associate Director
Investment Properties,
Hungary
+36 30 732 46 26
christofer.pehrsson@cbre.com