Europa Capital sells its Budapest office portfolio
ConvergenCE is pleased to announce that it has completed the sale of the Kalvin Square and CityZen office buildings on behalf of Europa Capital.
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Offices Revitalised: CityZen and Kálvin Square Among Budapest’s Most Successful Office Buildings
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.
96 per cent Occupancy in Kálvin Square Office Building
With 18 tenants, the Kálvin Square office building of ConvergenCE has 96% occupancy. Among its tenants, there are companies like Philip Morris Hungary, Faludi Wolf Theiss Lawyers, Aegon Hungary and GEOX. Currently, there is only one, 136 sq metre, office space available.
New Services in CityZen and Kálvin Square
From October 2016, a new service has been available for the occupiers of CityZen and Kalvin Square office buildings. Separate men’s and ladies’ changing rooms and showers have been installed to provide the opportunity for employees to refresh themselves after a busy day or sport.
ConvergenCE wins property management of Budapest office portfolio
ConvergenCE has taken over the property management of Kálvin Centre, Duna Office Centre, and Baross 52 after a competitive tender.
ConvergenCE acquires office buildings in central Budapest for Europa Capital
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.
ConvergenCE strengthens its Property Management team
Gabriella Fábri MRICS has joined ConvergenCE from EC Harris Hungary Kft., to head up its Property Management team. Gabriella has 15 years of real estate experience in Hungary in consultancy, development, investment and property management.
