Brussels-based developer Codic International has started construction on the office component of Green Court, its latest mixed-use development in the Budapest office submarket, the inner Váci corridor.
The project incorporates the seven-storey Green Court Office, a 21,000 m2 GLA office development, and Green Court Residence, comprising two residential buildings with 275 apartments. Keys to apartments will be handed over by the end of this year, while the office project will be completed in Q4 2020.
'Among the several new developments Codic plans to undertake in Budapest in the foreseeable future, Green Court is the first to be started and will complete the development complex of which the residential part has already met with tremendous commercial success,' said Christophe Boving, head of development at Codic Hungary.
Colliers International and Jones Lang LaSalle have been appointed co-exclusive leasing agents for the office development.
