HOP technology office park located in the XIV district of Budapest, on Hungária körút, district XIV of Budapest, is undergoing a major change of function under the new name HOP Technology Office Park. In recent years, WING has shaped the innovative concept of the real estate with a high level of asset management and development approach.

The existing buildings have been renovated in cooperation with their Hungarian and international tenants, while services for the well-being of employees have been expanded: a new restaurant, a 1,000 m² fitness centre and electric vehicle charging stations have been added.

WING has defined the development path of the campus by taking into account the market needs and the real estate characteristics, creating a completely new type of real estate solution. HOP thus also offers a real solution to the needs of technology tenants. The development concept aims to create a technological office park that can provide both technological and office environment for tenants, in a sustainable, campus-like, green environment.

Throughout its existence, WING has prided itself on its core purpose of meeting the real needs of its customers, which it successfully achieves by using the most advanced technologies and most sustainable solutions available. HOP Technology Office Park offers a unique solution for companies in the technology sector, enabling them to provide their highly skilled workforce with first-class office space without having to leave their technology activities

said Gábor Angel, Deputy CEO of WING Zrt., responsible for offices.

HOP offers potential tenants significant advantages, as the complex’s diverse range of services and its central urban location are a retention factor for employees. At the same time, it has all the necessary features for technological activity (freight transport accessibility, unique high ceilings, slab load-bearing capacity). These features are further enhanced by technical solutions that meet ESG criteria and can be taken into account in the development. We are particularly pleased that the effectiveness of functional shift is also confirmed by demand, as occupancy in the existing eight buildings is almost 100%, and we plan to develop an additional 40,000 square metres in the remaining areas in several phases.

Technical specifications of HOP Technology Office Park

• special load-bearing slabs
• freight elevators in the buildings
• adequate headroom in technological areas
• accessibility by truck and lorry (3.5–12 t)
• convenient loading areas
• separate, specific ventilation installations
• industrial power capacity
• urban environment and infrastructure as opposed to an industrial park
• regulatory conditions are available
• security conditions are available (surveillance, camera system, entry control)
• green energy (green electricity procurement, solar panels)
• redundant internet power supply

HOP Technology Office Park has a valuable existing building stock, including listed buildings and buildings that have been (or can be) efficiently and sustainably renovated. The complex has a history of more than 120 years. Due to the nature of the technology park, the buildings offer the possibility of creating special rental functions tailored to the specific activities of the tenants, and special structural and mechanical solutions. Taking into account the useful features of these existing buildings and the lessons learned from previous renovations to meet specific tenant demands, further development of the park has been planned through the construction of new buildings. Freight transport capacities for R&D or manufacturing and logistics needs are also provided, thanks to its location within the urban atmosphere and infrastructure. In addition, office spaces are available in different sizes and for flexible durations, and can be tailored to the specific needs of tenants on a Built to Suit basis, with long-term leases.

HOP is now home to a number of test laboratories, precision engineering and electronics manufacturing activities, micrologistics solutions, IT and R&D activities, and provides space tailored to the specific needs of renowned companies such as Siemens Zrt., Siemens Mobility Kft., TÜV Rheinland, Lightware, Rolls-Royce Hungary, TK Elevator, Valeo and Yunex Traffic. Companies active in Industry 4.0 sectors already occupy 70% of the site.

Key tenants of the HOP Technology Office Park

• WING purchased the property from Siemens Zrt. in 2018, but the company continues to lease significant space within the building.
• TÜV Rheinland provides its customers with a wide range of product testing services in its more than 5 000 m2 laboratory complex leased on the HOP site, which is considered outstanding throughout Europe. A world-class laboratory complex of unrivalled size, including an EMC laboratory, has been set up for the tenant.
• Lightware, a global company with a Hungarian background primarily in audiovisual technology, was looking for a location that would offer the right space for their assembly and manufacturing facilities, as well as support logistics, meaning that incoming raw materials could be easily received and the delivery of finished goods could be easily managed. In addition, it was also important to provide a suitable space for the development department to offer an inspiring working environment, while at the same time providing a comfortable, modern and welcoming area for office workers.
• Rolls-Royce Hungary designs and integrates innovative energy conversion and propulsion systems for advanced aviation. The HOP Technology Park is an excellent support for the company's high-tech R&D activities, and the choice of the technology office park, along with the building units that can adapt to their complex laboratory activities, was based on the easily accessible location in the city centre.

The surrounding area of HOP offers, among other things, a well-established service environment for companies and their employees, with supermarkets, banks, small shops, bakeries, pharmacies, petrol stations and restaurants, all nearby. In addition, City Park (Városliget) is just a 5-minute walk away, not only offering outdoor sports facilities but also serving as a cultural meeting point. The technology office park also offers a range of convenience and green services for employees. The location is conveniently accessible on foot, using public transport (railway, tram, bus, trolley) and by car, while its central location along Hungária körút also allows easy access to motorways.

ESG aspects in practice

Environmental

• use of the latest technological solutions in designs
• more energy-efficient renovations of existing buildings, new buildings powered solely by electricity
• new buildings designed to receive BREEAM Excellent certification
• energy efficient equipment (e.g. heat recovery fans, free cooling chillers)
• use of rainwater for irrigation
• prefabricated facade, facade glass with UV-protection
• complex building management and energy management system

Social and Well-being

• a wide range of convenience services in and around the buildings
• people-oriented, green environment
• excellent accessibility, even by public transport
• regular events
• inner park and roof terraces, greem roof on certain buildings
• easily accessible, convenient stairs that encourage movement
• bicycle-friendly facility
• car sharing, electric vehicle charging stations
• spaces suitable for regular events, company events

The campus features a bistro restaurant and a café with terrace, a fitness room, a conference room, as well as Wigo car-sharing service, communal electric vehicle charging stations and bike storages with changing rooms for shared transport.

The real estate also includes a large, pleasant, calming green garden with a fountain, offering a liveable and sustainable working environment for employees. There is also a conference centre available for rent, as well as an occupational health service and a modern access control system. As a result of the overall development, the existing green areas of the technology office park will be further expanded, almost one third of the site will be covered by an inner recreational garden of almost 1 hectare.

The real estate offers a targeted solution for companies that are looking for an industry-like technical environment, but for HR reasons, want to operate in a central, urban location essential for their skilled workforce (engineers, developers and other professionals). The current campus community and services ensure that companies and their employees in the industry feel at home, which WING intends to support through further development of the real estate and regular events.