The WING real estate developer has announced that Liberty, which it describes as “one of [Hungary’s] most modern and ESG-compliant mixed-use complexes,” has reached its final stage with the inauguration of the second phase of the project, comprising a total of 20,000 square meters of office space.
Liberty, a mixed-use development by WING, offering office and hotel functions, is located in Budapest’s Ninth district. The second and final phase of the project, the northern wing of the complex, was inaugurated at a ceremony. According to WING, “the event also included the inauguration of the WING Lemniscate, a contemporary sculpture located between the Telekom Campus and the Liberty building.”
According to WING, “the Liberty complex offers an ESG compliant, high quality and sustainable environment. It is dynamic in its appearance, is BREEAM Excellent rated, energy efficient, runs on 100% green electricity and has a near-zero energy demand. The handover marks the completion of a project where the range of services for tenants is now complete: the premium well-being and amenities of the ibis & Tribe Budapest hotel, the panoramic Cloud IX rooftop bar, the TRIBE Table restaurant and café, and the conference facilities have been complemented by a rooftop terrace and sports courts on the roof of the building. Nearly 80% of the building has already been leased, but there is still some office space available.”
“Liberty is one of WING’s iconic real estate developments, which has already been chosen by a number of national and international companies,” said WING CEO and Chairman Noah Steinberg. “The completed office building offers excellent opportunities for potential tenants to move into a people-oriented complex with a variety of services and green solutions, in line with modern real estate trends. With the Liberty and Telekom Campus buildings, Nepliget and its surroundings have been repositioned from a previously under-appreciated location to a highly prestigious office submarket. The variety and quality of services available here will be enjoyed by companies, employees, residents and the wider community, as well as visitors for tourism purposes.”
“At WING, it has always been important to us that our buildings are not only outstanding in their functionality, but also in the values they represent,” Steinberg continued. “We believe that with the newly inaugurated Lemniscate, the space we have envisioned will become more diverse and special, and we trust that it will provide an experience for as many people as possible.”
Péter Szalay, creator of WING Lemniscate, said: “When designing the sculpture, it was important to consider that it would be placed in the space between the two buildings, the Telekom Campus and Liberty: the spatial curve represented by the steel construction unites the two building masses in its geometry. One of its main perspectives outlines the lemniscate, or infinity symbol, which offers numerous possibilities for association: its dynamic, wave-like gesture energizes the space bordered by the built environment and creates the illusion of movement when viewed from vehicles passing by on the boulevard. The design of the hexagonal structure was inspired by the structural principles of lattice girders and the geometry of carbon nanostructures, intended as a tribute to scientific achievements applied in architecture.”
The construction of Liberty as an energy-efficient green property was also supported by public funds invested under the Real Estate Fund sub-program of the Baross Gabor Capital Program. According to WING, “the Hungarian Development Bank provided funds as a co-investor to the winning real estate funds in the Capital Program’s tendering process, thus contributing to increasing investment activity, improving energy efficiency and implementing green developments.”
Image source: Wing.hu