Raiffeisen Bank takes 20,000 sqm at Agora Tower in Budapest

Raiffeisen Bank has leased 20,000 sqm at Agora Tower in Budapest. The lender will use the space as its new Hungarian HQ, with 1,300 of its employees expected to relocate by the beginning of 2020. The tower was developed by HB Reavis. “Apart from the appropriate contract requirements, the excellent location and the time of the move were the most important aspects of the decision process,” said György Zolnai, CEO of Raiffeisen Bank Hungary. “With the concentration of our two headquarters into one, communication will improve significantly, and the cooperation between business areas will be more efficient as well.”