ConvergenCE buys Central Business Center in Budapest

ConvergenCE buys Central Business Center in Budapest

Published at: 2019-09-05 09:48 | Author: CIJ Serbia
ConvergenCE acquired the Central Business Center in Budapest from Immofinanz. The price of the deal was not released. The building offers 10,000 sqm of office space and parking for 156 vehicles in an underground garage. The property also includes an 800 sqm courtyard with a restaurant. It was constructed in the 1990s and renovated in 2015. “In the future, we will reconceptualize communal areas and amenities, improve maintenance efficiency and give the building a new identity,” said Csaba Zeley, head of asset management at ConvergenCE. This is the company’s fifth office investment since 2015. Its portfolio also includes Kálvin Square and CityZen and Árpád Center.

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