Property adviser Cushman & Wakefield said it has concluded two major office lease renewals totalling nearly 18,000 m[sup]2[/sup] with multinational corporations in the Hungarian capital Budapest.

Property adviser Cushman & Wakefield said it has concluded two major office lease renewals totalling nearly 18,000 m2 with multinational corporations in the Hungarian capital Budapest.

C&W represented a major American bank in the lease renewal on 10,000 m2 of space in the River Estates office building owned by S IMMO.

The other major tenant was a mobile service provider which also renewed its existing office lease on 8,200 m2 of office space in Arena Corner Offices, Budapest, owned by Orco Endurance Fund.