How much importance does PM have within the real estate sector? Is there room for further cost cuts? How to save money on electricity? Interview with Gabriella Fábri, Head of Property Management at ConvergenCE.
This was the third time ConvergenCE organized the event called ‘Drinks Before Home’ at nU bor és bisztró in Eiffel Square. The decision proved to be a smart choice, as the night was a great success among the guests.
With real estate investment transactions for 2012 totaling only €120 million and new supply of commercial real estate 75% or more down on historic levels for 2013 and 2014, it is clear that not only has there been a dramatic and necessary response to the oversupply of commercial space but that the availability of domestic … Read more
Z+D moved to City Point 9 City Logistic Centre, after realizing the business park uniquely matches all of their requirements. After signing the lease agreement, the tenant occupied their 1,200 sq m storage and office space at building B at the beginning of March.
We are pleased to introduce the newly designed Terrapark Next webpage and content to its current and prospective clients. Visitors’ needs were highly taken into consideration during the design. For instance, you can check availability with a single click. Furthermore, potential tenants are welcome to calculate their Nextra benefits with an easy-to-use calculator. Explore the … Read more
When vacancy rates for most real estate sectors remain stubbornly high and the prospects of oversupply continuing for years to come present a gloomy outlook for owners of all except the best property, what can be done? Many building owners seem to hope for the best as far as keeping existing tenants is concerned and … Read more
ConvergenCE, the independent local developer and investor, has for the second year running, sponsored the first DBH after summer event. Similar to last year; September’s venue was held in NU- Bor és Bisztronómia.
What are currently the greatest challenges facing players on the property management market within this ever-changing micro and economic environment? How might a facility (FM), property (PM) or asset management (AM) company respond to problems such as non-paying tenants, increasing energy costs, fierce competition, and general pressure to cost-cutting coming from the tenants’ side? Gabriella … Read more
The building is located in the heart of Budapest, close to the impressive Nyugati Railway Station which was once a project of Gustave Eiffel’s office. Designed by Finta Studio and developed by ConvergenCE / DVM Design, Eiffel Square is a joint venture project with Europa Capital Partners’ Fund II. The office building has been successfully … Read more
Cushman & Wakefield (C&W) global real estate consultant has successfully represented the landlord ConvergenCE in the lease negotiations with Power Source Energy Components (Power Source) for close to 500 sq m in Citypoint9 Warehouse and Business Center. Power Source is a global industrial distributor of fasteners, electronic components, machine components, and fabricated components for the … Read more
