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Oppenheim and Ormos Advise on Lease of Skanska Mill Park Space to IT Services Hungary

Oppenheim and Ormos Advise on Lease of Skanska Mill Park Space to IT Services Hungary

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Oppenheim has advised Skanska on its December 2016 agreement to lease a 17,300 square meter space in its Mill Park complex in Budapest to IT Services Hungary, the largest ICT employer of Hungary, starting in Q2 2018. The Ormos Law Firm advised ICT Services Hungary on the deal, which Oppenheim claims was "the second biggest office leasing transaction in Hungary in 2016."

Skanska’s Mill Park project, located in the 9th district of Budapest, will reportedly consist of two office buildings with a total leasable area of approximately 36,000 square meters. The office complex is already more than 70% leased. It will be delivered in two phases during 2018 and is expected to receive LEED Gold certification.

The Oppenheim team was led by Partner Mark Pinter.

The Ormos Law Firm team was led by Gabor Szelenyi.

Image Source: group.skanska.com

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