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Articles - ConvergenCE

ConvergenCE appointed as Property Manager to new KPMG H.Q.

KPMG, one of the leading audit and consulting companies in Hungary, has entrusted real estate asset and property manager, ConvergenCE with the property management of its new headquarters. KPMG will occupy cca. 11,200 m2 of the A+ category Vision Towers North office building located at the junction of Váci út and Dózsa György út from August 2014.

Europa Capital refinances Eiffel Square, its prime Budapest office investment

Europa Capital LLP, on behalf of Europa Fund II, and ConvergenCE have concluded a significant new loan to refinance Eiffel Square in central Pest, with pbb Deutsche Pfandbriefbank. The EUR 33 million refinancing from pbb Deutsche Pfandbriefbank closed at the end of 2013. Eiffel Square is considered to be one of the leading office investments in central Budapest, due to its excellent location, quality of construction and full occupancy.