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Articles

GLP Moves to Rejuvenated ZenGarden

GLP Hungary, a leading investor and developer of logistics warehouses and distribution parks moved its head office to ZenGarden, owned and renewed by ConvergenCE.

Árpád Center’s Neighbourhood Renewed

A stylish, accessible and green community space has been created on the Váci Office Corridor around the Árpád Center office building

New Head of Marketing and PR at ConvergenCE

As of October 2020, Orsolya Simon holds the position of Head of Marketing and PR at ConvergenCE. In addition to the comprehensive corporate communications of the real estate investor and developer, she will be responsible for supporting the leasing, asset, property and project management business lines.

CEE Investment volumes for the Q1-Q3 period have reached ca. €8.0 billion and are 12% down compared to the same period of 2019

Budapest, 29 October 2020 - Despite COVID-19 impacts on markets, flow volumes remain relatively healthy for the first 3 quarters of 2020 at ca. €8.0 billion. Poland attracted €4 billion which represents 50% of all volumes in this period.

The I&L sector in the CEE-17 has become one of the most sought-after asset types since 2019, after Offices and Residential according to Colliers International, CMS and Randstad

The report revealed that some of the key challenges in this sector include the availability of land and property in locations that meet both the developers and end-user expectations, along with the availability and reliability of utilities, connectivity to transport infrastructure, the availability and skills of the labour pool, and access to investment incentives.

OTP Branch in Kálvin Square Office Building Fully Renewed

Customers are surely impressed by the completely refurbished OTP Bank branch office at one of the busiest transport hubs in Budapest. OTP Bank has been in the category “A” Kálvin Square office building since 2007, which now awaits customers in a much fresher, modern, people-centred environment.

The sixth and last building of the Váci Greens office complex was handed over - The Atenor flagship project was solemnly closed

The sixth and last building of the Váci Greens A+ category office complex, the 23,445 m2 Building “E”, has also received the final occupancy permit. With this, the Atenor flagship project, Váci Greens, is closed.

Mammut welcomes Cinema City VIP

After several months of refurbishment works and lock down, on October 1st Cinema City opened its first VIP movie theater on the Buda side in Mammut Shopping and Entertainment Centre.