Liberty, one of the Budapest’s most modern and ESG-compliant mixed-use complexes, has reached its final stage. The second phase of the project, comprising a total of 20,000 sqm of office space, was inaugurated. The event also included the inauguration of the WING Lemniscate, a contemporary sculpture located between the Telekom Campus and the Liberty Building.
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 percent 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 percent of the building has already been leased, but there is still some office space available.
As part of Liberty’s inauguration ceremony, the WING Lemniscate, a stainless steel sculpture designed by Péter Szalay and commissioned by WING, was unveiled between Liberty and the neighbouring Telekom Campus. The sculpture is 8 metres wide and 4 metres high and is made of stainless steel, which curves like a gateway through the square used by passers-by.
“Liberty is one of WING’s iconic real estate developments, which has already been chosen by several national and international companies. 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, Népliget 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,” said Noah Steinberg, CEO and Chairman of WING, and added: “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. 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.”
The construction of Liberty as an energy-efficient green property was also supported by public funds invested under the Real Estate Fund sub-programme of the Baross Gábor Capital Programme. The Hungarian Development Bank provided funds as a co-investor to the winning real estate funds in the Capital Programme’s tendering process, thus contributing to increasing investment activity, improving energy efficiency and implementing green developments.
