Eiffel Square recognised at the FIABCI Prix d’Excellence Awards

Eiffel Square wins best runner up in the Best Office Development category in the FIABCI Prix d’Excellence Awards

Eiffel Square, a 23,500 sq. metre office development in the Central Business District of Budapest developed by Europa Capital and its exclusive local partner, CovergenCE, is one of the outstanding office developments in Hungary and combines a first class building with immediate access to the city’s transport network within the establishment new of a peaceful and green city park.

Europa Capital and ConvergenCE are delighted with the news that their flagship development in Budapest was awarded the prize of runner up in the Best Office Development category worldwide, and the best office development in Europe, by the FIABCI Prix d’Excellence Awards and presented in Cyprus on 19 May 2011 by the FIABCI Award Committee to the project manager, Attila Kovacs of DVM Design. This award follows on from that of the CIJ’s Best Office Development Award 2010 in Hungary.

Simon Hooper, Partner at Europa Capital, commented: ”We are delighted with all the awards that this unique project has received in the past months, which reward the exceptional efforts of the development team.”

Alan A. Vincent of ConvergenCE added: ”The FIABCI award proves that we have achieved our initial aim with Eiffel Square, which was to develop to an extraordinary landmark project in downtown Budapest.”

The centrally located development next to the famous West Railway Station designed by Gustave Eiffel was finished in Q2 of 2010. The office project is one of the most successful developments in recent years, having reached almost 90% letting status within less than one year of completion. Both the public square and the office development are highly appreciated by the inhabitants of the capital city of Budapest. Internationally well-known tenants, such as Sony AXN, Grundfos, Master Card, Cetelem of BNP Paribas and Givaudan have appreciated the location and the quality of the Eiffel Square Office Building Development.

“FIABCI” is the French acronym for “Confédération Internationale des Administrateurs de Biens Immobilier” or the International Real Estate Federation. It was founded in Paris, France in 1948. Currently operated in 60 countries, comprising 3,500 individual members, 20 academic members and 120 professional organizations. FIABCI is represented in the international bodies of the United Nations and the European Union. The FIABCI Prix d’Excellence Awards recognizes the project that embodies excellence in all real estate disciplines involved in its creation. It is judged in two tiers, first by judges and then by an Oversight Panel that comprising of experienced real estate professionals and experts from all over the world.

Further information is available under www.fiabciprix.com