A highly skilled professional has joined ConvergenCE, bringing nearly twenty years of expertise in commercial investment to the ConvergenCE team. Zoltán Ligetvári worked in the Capital Markets investment advisory team at Cushman & Wakefield the past eight years, where he also served as a partner, playing key roles in selling prestigious commercial property. His prior … Read more
ConvergenCE closed the sale of Árpád Center at the end of Summer 2021. The popular office building at the junction of Árpád Bridge and Váci út was acquired by Investum Kft.
In connection with the epidemic, the share of retail e-commerce increased significantly, generating elevated warehouse demand in the domestic logistics market. As changing needs require quick reactions, ConvergenCE has prepared a ready-made product in Tárnok where the construction of an 8,000 m2 logistics hall can be started immediately.
Property investor and developer ConvergenCE has announced that from December 2020, Csaba Zeley will take up the position of Managing Director. Alan Vincent will continue as a non executive Director, leading fund raising for future investments as well as pan European service provision to cross border investors.
ConvergenCE is pleased to announce that it has completed the sale of the Kalvin Square and CityZen office buildings on behalf of Europa Capital.
With 80% and 100% occupancy, the CityZen and Kálvin Square Office Buildings, operated by ConvergenCE, are among the most successful recent offices in Budapest. Starting in 2015, CityZen underwent a complete exterior and interior renovation and Kálvin Square received a facelift through smaller but effective transformations.
Europa Capital and its local partner, ConvergenCE, announced today that they have completed the sale of the 23,000 sqm Eiffel square to the Germany-based asset and investment manager, KGAL for an undisclosed fee.
ConvergenCE Hungary has completed the acquisition of a portfolio of office buildings in Budapest, on behalf of Europa Capital and its pan‐European investment fund, Europa Fund IV.
How does a CEE real estate pioneer see the post-crisis CEE market? How did CEE markets transform into mature property markets starting in the late nineties? Which countries are the most attractive in the region? What does the Budapest market offer? We spoke to Alan Vincent, B.Sc., MRICS, managing director of ConvergenCE. You are … Read more
Europa Capital LLP, on behalf of Europa Fund II, and ConvergenCE have concluded a significant new loan to refinance Eiffel Square in central Pest, with pbb Deutsche Pfandbriefbank. The EUR 33 million refinancing from pbb Deutsche Pfandbriefbank closed at the end of 2013.
