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.

Similar Stories:

Vastint signs new tenants at Timpuri Noi Square offices
Netcentric Eastern Europe signed a lease with Vastint Romania on 1,000 sqm of office, whil  »
New steps for new BK Group project, Tesla Grad
The Tesla Grad in Makis project could start soon, following a meeting between BK Group, th  »
Axel Springer sells two assets in Berlin
Axel Springer has sold two assets in Germany for approximately €755m. Axel-Springer-Neub  »
Empiret Belgrade, a subsidiary of the Chinese company Shandong Hi Speed Group, is driving  »
Things are starting to pick up in the Athens office market as investors pursue deals, with   »
Czech Republic  ♦  Prague 7 coming to life
The slow awakening of Prague 7 as a zone for development continues with news that planning   »
The vacancy rate in the Central Business District of Warsaw is 14.8 percent, which is the   »
Brno has developed into one of the most popular destinations for shared service centers in   »