Promenade Gardens – the most technically advanced office building recently completed on the Váci corridor – changed owners on 1 August 2018, when ERSTE Real Estate Fund purchased the 97% leased property from the developer, Budapest-based Horizon Development. The new, sought-after, dual certified…
Anchor tenant Celanese was the first to move into just completed Promenade Gardens office building last week, now occupying their new 4,200 sqm headquarters. They will soon be followed by Citibank, as the Hungarian Branch Office of the global bank is setting up its new 8,000 sqm Budapest office from…
Central and Eastern Europe’s regional provider of top financial services – OTP Bank – set up a new, 450 sqm research and development center in the prestigious downtown building of Váci 1. The innovative office features a special education center, project rooms and a lecture hall. OTP LAB (OTP Bank’s…
Heritage protected Eiffel Palace – originally constructed in 1893 – was sold twice within the last three years, both times at the best yield in the Hungarian property market. The National Bank of Hungary (MNB) purchased the building directly from the developer (Horizon Development) three years ago…
A Budapest belvárosának újjászületésében kiemelt fontosságú Eiffel Palace, a Horizon Development nagyszabású saját beruházása, már küszöbön álló átadása előtt jelentős elismerésben részesült. Év végén a nagy múltú és ígéretes jövőjű épület építészeti tervezője, Gelesz András, homlokzatának…
