The boutique investor, asset and property manager ConvergenCE has closed the acquisition of the Árpád Center office building in Budapest. The multi-let office building totals 5,400 m2 with 63 parking spaces and is located at the foot of the Árpád Bridge in a strongly developing office hub.
The largest privately owned hostel-chain in Europe a&o Group will open its first quarters in Budapest in 2019. The German group creates a modern hostel by simultaneously restoring and transforming a historic property into a 108-room hostel. ConvergenCE is to lead the complete reconstruction of the selected property in Csengery street.
Vackor kindergarten member of the Gézengúz day care center is now enriched with a beautiful front yard and a nature trail with the help of ConvergenCE. In addition to expertise and financial aid, colleagues of the company personally renewed the XXth district kindergarten’s yard.
An elegant, harmonious and comfortable interior will be awaiting patients at the Medicover Clinic on the ground floor of Eiffel Square. In partnership with ConvergenCE as project managers, a full scale renovation has taken place recently at the health centre.
The Eiffel Square office building has been qualified Excellent in the BREEAM asset performance appraisal method in the In-Use Asset category. Under BREEAM, the world’s leading sustainability appraisal method, the A+ category Eiffel Square Office Building has been certified as a building operating in an outstandingly environment-conscious manner.
The Kalvin Square office building hosted an unique art event in late October, with its façade turned into an extraordinary, vertical stage by dancers performing in the air, hanging from ropes, under the auspices of the 26th Café Budapest Festival of Contemporary Art.
A new regional financial services centre of the Dutch Royal FrieslandCampina, known as one of the largest dairy products companies in the world, has opened at CityZen Office Building in Váci út. The new headquarters of FrieslandCampina Service Center EMEA Ltd. takes up a total of 2,400 square meters on two levels.
Doktor24, a company known for its professional private healthcare services, has opened a new, nearly 800 m² luxury medical centre at the CityZen office building in Váci út. As a result, there is only 1850 m² of free space available for additional tenants in the 9-floor building of the A+ category CityZen Offices.
Otis Felvonó Kft., the Hungarian branch of the world’s largest elevator company, moves to CityZen Offices from the beginning of April. Hungarian market-leader OTIS, known also as a producer of escalators and moving walkways, opens its new, 870 m² headquarters at the A+ office building completed by developer ConvergenCE at the end of 2016.
Eiffel Square tenant Dealogic won the “Office of the Year” contest this year in the “Enterprise Category” awarded by iroda.hu.
