Renovation work on CBD building to start in 2018

Renovation work on CBD building to start in 2018

Published at: 2017-05-19 11:51 | Author: CIJEurope.com
A planned renovation of the former headquarters of the Budapest Stock Exchange and Hungarian Television is scheduled to break ground at the beginning of 2018. The 100-year-old building will be reborn as Exchange Palace and will offer 31,700 sqm of GLA. The cost of the investment is estimated for €38m. The owner of the property is a subsidiary of the Canadian Tippin Corporation. JLL was appointed as the leasing agent of the building. The first tenants are expected to move in at the beginning of 2020.

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