New development with the advocacy of the EU at East Gate Business Park
21 January 2011
East Gate Business Park won 500 million HUF for further developments on the tender of the European Union – reported the developer WING Co. The advocacy enables the reduction of the rental fees of the business park, what is a serius factor on the price sensitive property and office market.
East Gate Business Park is located in the hub of the highways M3 and M0 and it’s the biggest business park in the northern agglomeration of Budapest with the extension of
Because of its good capabilities the area got hold of big international interest as well. Near East Gate Business Park one of the up-to-the-minute film studios of the world has been built known as „The Hungarian Hollywood”.
The new development enables companies to rent personalized halls on favourable conditions. The occupancy of East Gate Business Park is 98%, with tenants like General Electric Hungary, Philip Morris Hungary etc. Recently a new long-term contract for 2300 sq meters has been signed by ABB - leading company of the engineering service market. By ABB the tenantry of East Gate Business Park has been broadened with a new, highly respected and stable company. The business park welcomes its potential tenants with wide range of services.
Source: WING Co.
