New lease in Millennium Gardens
- Press releases
Revetas Capital and TriGranit secure a new tenant in Millennium Gardens in Budapest
Budapest, 11 February 2025 – Revetas Capital and TriGranit are pleased to announce that ARM Processors, a global leader in semiconductor and computing solutions, has chosen Millennium Gardens as its new office in Budapest. The company will occupy over 3,400 sqm of premium office space in one of the city’s most prestigious business hubs.
Bence Rohr, Principal al Revetas Capital, declared:
“We are delighted to welcome ARM Processors to Millennium Gardens, a landmark business address designed to meet the highest standards of workplace excellence. Their teams will benefit from a thoughtfully designed environment complemented by exceptional facilities and breathtaking views of the Danube.“
Károly Dömötör Makk, Leasing Director of TriGranit, emphasized the significance of this lease transaction:
“The relocation of ARM Processors to Millennium Gardens is a fantastic example of how premium assets remain highly attractive in today’s market. Leading tech companies with strong growth potential continue to seek high-quality office spaces, and Millennium Gardens offers exactly that – modern, sustainable, and future-ready workspaces.“
The transaction was facilitated with the support of CBRE, representing the landlord, and IO Partners, representing ARM Processors.
Tamás Pál, Senior Business Development Director at iO Partners, concluded:
“We are very pleased that ARM chose us as their Tenant Representation Agent and also accepted our Project Management support. This way, together with our consultants, we were able to find the most effective solution for them within the given time frame, having the chance to develop their future office in the upcoming months.”
Millennium Gardens, a premier asset in Revetas Capital’s portfolio, developed by TriGranit, continues to be a prime choice for businesses looking to establish a strong presence in Budapest.
This lease agreement further solidifies Millennium Gardens as a top-tier office development, offering state-of-the-art facilities, sustainability features, and an outstanding location along the Danube.
About Millennium Gardens
Millennium Gardens is a premium-grade office development in Budapest, providing cutting-edge workspaces tailored for leading multinational corporations. It possesses BREEAM ‘Excellent’ and Access4you ‘Gold’ certificates. The asset, owned by Revetas Capital, is designed to meet the highest standards of efficiency, sustainability, and employee well-being.
millenniumgardens.hu
About Revetas
Revetas is a pan-European real estate investment advisor pursuing a thematic approach focused on value-add investments that may be entangled in special situations.
The firm’s leadership has been operating in Europe for the past 25 years and Revetas has been a leader in Central European real estate for over a decade. The team has successfully navigated multiple economic and investment cycles and has built Revetas into a fully integrated real estate platform covering investment, asset, development and property management.
Revetas serves a global base of institutional investors, endowment funds, pension funds, asset managers, family offices and ultra-high-net-worth individuals with a view of delivering superior, risk-adjusted returns. Full alignment with investors, coupled with a strong focus on sustainability, is at the core of the firm’s success.
Revetas was founded in 2012 and is led by Managing Partner Eric Assimakopoulos. The business operates from London, Vienna and Luxembourg.
About TriGranit
TriGranit stands out as a premier real estate development platform in Central Europe, renowned for its ability to acquire and develop prime, sustainable office and alternative real estate projects that have become regional landmarks. Over its two decades of operation, TriGranit has completed nearly 50 landmark projects, adding 1.7 million square meters of GLA across seven CEE countries, and has received over 50 prestigious international awards.