park22
Our newest project, park22 is a flexible light industrial business park development located in Budapest’s South Buda District 22. White Star Real Estate’s and Europa Capital’s joint venture development will be completed in several phases comprising six buildings offering a total rentable area of 60,800 sq m including 45,600 sq m of warehouse space and 15,200 sq m of office space.
Our newest development, benefitting from the latest construction technologies, will deliver much-needed warehouse and office space into a supply-constrained Budapest market. The scheme, located in a sought-after prime commercial location with ample retail amenities, has excellent public transport links and is easily accessible by car.
why park22
- Urban location, wide range of amenities within walking distance including Campona shopping center, filling stations, restaurants, shops
- Direct access to M0
- Perfect connectivity by car or public transportation
- Excellent parking
- Green and suburban environment
- Reputable, experienced real estate developer
- Best-in class product
- Professional local management by the owner
park22 in numbers
150,000 sq m
plot size
3
phases
6
buildings
60,800 sq m
letting space
25 %
office content
The Developer
White Star Real Estate is a highly respected international real estate company with a first-class track record. It has completed over 50 projects in Europe including a large portfolio of industrial, office, retail and residential buildings. It has been present in Hungary since 1998 and in that time it developed more than 350,000 sq m of class A office, industrial and retail properties in over € 450 M investment value.
White Star Real Estate services include:
- Development management
- Fitout management
- Leasing management
- Asset and property management
4
local offices across CEE
20+
years of experience in development and management
50+
completed development projects
2.5
million sq m developed
1.7
million sq m under management
the investor
Europa Capital is a dedicated real estate investment manager focused on the European markets and specialized in investment through both equity and debt strategies where we employ our real estate asset management skills and experience to maximize value in all property classes across Europe.
Since its formation in 1995, Europa Capital has collectively raised 13 real estate funds and committed to over 155 transactions totaling more than €12.9 billion across 21 European countries.
Europa Capital focuses on delivering compelling risk adjusted returns for a global audience of investors driven by real estate fundamentals spanning value-add, core/core plus and debt investment strategies.
Europa Capital is majority owned by Mitsubishi Estate Co. Ltd, one of the world’s largest real estate groups, which is a strategic investor alongside Management. Europa Capital Partners LLP and Europa Capital LLP are authorized and regulated by the Financial Conduct Authority.
1223 Budapest, Növény utca 6-10.