Awards

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HUNGARY
CityZen Office Building
Váci Road 37. 3rd Floor,
1134 Budapest

Phone: +36 1 225 0912
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Awards

Eiffel Square project in Budapest, developed by ConvergenCE, was awarded the prize of runner up in the Best Office Development category worldwide, and the Best Office Development in Europe, by the FIABCI Prix d’Excellence Awards 2011. FIABCI” is the French acronym for “Confédération Internationale des Administrateurs de Biens Immobilier” or the International Real Estate Federation. It’s currently operated in 60 countries, and is represented in the international bodies of the United Nations and the European Union as well. The FIABCI Prix d’Excellence Awards recognizes the project that embodies excellence in all real estate disciplines involved in its creation. It is judged in two tiers, first by judges and then by an Oversight Panel that comprising of experienced real estate professionals and experts from all over the world.

 

A major development of ConvergenCE won the Best Office Development award in 2010 of the Construction & Investment Journal (CiJ). In the last 18 months the Eiffel Square Office Building has been successfully leased to almost 100%, with tenants like Cetelem Bank, Mastercard, Agoda, ESAB and AXN Hungary. The CiJ awards are the leading industry awards for commercial real estate in Central and Eastern Europe.

 

ConvergenCE was the project manager at the first purpose built Self Storage facility in Hungary, the EuroMiniStorage. The development was handed over in 2009, with a gross area of 7 800 square meters on three floors and over 1 000 storage units available for companies, and for private purpose as well. As a proof of its success, CiJ awarded the project in 2009 as the Best Warehouse/Logistics Development in Hungary.

 

ConvergenCE won awards for its first ever office development, Park One in Bratislava Slovakia. The building, which leased to blue chip tenants such as PriceWaterhouseCoopers, Zurich Financial, CBRE and L’Oreal was awarded the Construction & Investment Journal “Best Overall Development” in 2007. The building was sold in 2007 for a record yield to a private equity investment fund.

 

 

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