Ullmann Palota

Budapest, Pest

Ullmann Palota

KEY ATTRIBUTES

  • Building Size (SQM) 2,160
  • Year built 1887
  • Minimum leasable area 249 sq m
  • Refurbished 2024
  • Add-on factor 7.80 %
  • Average floor size 300 sq m
  • Service Charge 3,000 HUF/sq m
  • Development Company IVG Development
  • ESG certification BREEAM in-use

Unique, representative atmosphere

Ullmann Palace is located in the heart of Budapest, on the corner of the World Heritage site Andrássy út and Káldy Gyula utca. The classical neo-renaissance building was designed by architect Vilmos Freund for Sándor Ullmann lawyer and Member of Parliament in 1883-84. Since then is has housed infamous shops and offices to include Miramare, Corvin Café and Restaurant Lidó. 

Today the building offers 2000 square meters of first-class offices in the upper floors and luxury retail accommodation on the ground floor making full use of its imposing stucco ceiling opening onto Andrássy út.

In 2024 the building will undergo modernisation of its entire system to ensure it meets modern day requirements:

  • Upgrade heating and cooling system from 2- pipe fan coil to modern VRF
  • Heating/cooling units relocated from parapets into the ceiling
  • Fresh air supply extended to all floors increasing from a total of 2,000m3/hour to 8,000m3/hour
  • Standardisation of wet blocks throughout
  • Remodelling of an exclusive entrance and lobby area





Amenities

0-24 maintenance and security

Secure bicycle parking

Shower and changing room
Openable windows

Magnetic card access system

Suspended ceiling
Certifications

BREEAM in Use "Very Good"

Target EPC of ‘BB’

Availabilities

Available

Basement

€20/M²/Month

Space Type

Flex

Lease Type

Gross

Unit/Suite

Unit Basement

Floor Number

Floor -1

Total Size

147 sqm

Available

Basement

Total Size

147 sqm

€20/M²/Month
Space Type

Flex

Lease Type

Gross

Unit/Suite

Unit Basement

Floor Number

Floor -1

Storage area

Available

Ground Floor

€21/M²/Month

Space Type

Office

Lease Type

Gross

Floor Number

Floor 0

Total Size

249 sqm

Available

Ground Floor

Total Size

249 sqm

€21/M²/Month
Space Type

Office

Lease Type

Gross

Floor Number

Floor 0

Available

Floor 1

€22/M²/Month

Space Type

Office

Lease Type

Gross

Floor Number

Floor 1

Total Size

324 sqm

Available

Floor 1

Total Size

324 sqm

€22/M²/Month
Space Type

Office

Lease Type

Gross

Floor Number

Floor 1

Available

Floor 2

€23/M²/Month

Space Type

Office

Lease Type

Gross

Floor Number

Floor 2

Total Size

324 sqm

Available

Floor 2

Total Size

324 sqm

€23/M²/Month
Space Type

Office

Lease Type

Gross

Floor Number

Floor 2

Available

Floor 3

€24/M²/Month

Space Type

Office

Lease Type

Gross

Floor Number

Floor 3

Total Size

339 sqm

Available

Floor 3

Total Size

339 sqm

€24/M²/Month
Space Type

Office

Lease Type

Gross

Floor Number

Floor 3

Available

Floor 4

€20/M²/Month

Space Type

Office

Lease Type

Gross

Unit/Suite

Unit Attic

Floor Number

Floor 4

Total Size

314 sqm

Available

Floor 4

Total Size

314 sqm

€20/M²/Month
Space Type

Office

Lease Type

Gross

Unit/Suite

Unit Attic

Floor Number

Floor 4

Location Map

Team

Cifer Martina

Director, Office Leasing
Avison Young - HU - Hungary
+36 30 280 2545

Masa Kaddoura

Consultant, Office Leasing
Avison Young - HU - Hungary
+36 30 090 5460

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