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:

Swiss Life Asset Managers acquires Dresden office property
Swiss Life Asset Managers has acquired an office and commercial property in Dresden for it  »
Skanska sells two office buildings in Kraków
Skanska has sold the first two buildings in its High5ive office complex in Kraków to the  »
Patrizia acquires office property in Munich
Patrizia Immobilien has acquired an office building in Munich. Located on Baierbrunner Str  »
Colliers appointed property manager of Mill Park in Budapest
Colliers REMS Hungary was named property manager of Skanka’s Mill Park office scheme, cu  »
Czech Republic  ♦  Three PropTech myths debunked
Something is happening here. And as it happens with anything that’s new, the whole movem   »
Shopping centers accounted for 134,000 sqm of the growth. The biggest projects delivered i   »
Portland Trust has begun construction on Building C, the final phase of Oregon Park. A sig   »
Ghelamco has sold building B of the Warsaw Spire office complex for €100 m. The buyer of   »