Overseas property...
View information on...
Property Sales Enquiry Line
For UK Residents call free on:
0800 043 00 96
For visitors out of the UK call:
+44 207 099 33 92
*property references are required
Overseas property news
We are dedicated to bringing the best and most up to date overseas property news to you daily, why not sign up for news alerts by email.
Overseas Property You Tube
Budapest Stock Exchange To Be Shopping Centre
|
|
The former home of the Budapest Stock Exchange Vörösmarty Square right in the heart of downtown Budapest is going to be remade into a shopping centre and galleria. ORCO Property Group is developing the center, to be called Váci 1, which is being designed by world renowned French architect Christian Biecher in cooperation with the prestigious Hungarian architect office of Kõnig and Wagner.
Iain Sellers, Managing Director of ORCO Hungary, is looking forward to the new project and what it will do for downtown Budapest: “It is so exciting to be given an opportunity to open up to the public a hidden architectural gem in Váci 1 right in the center of Budapest. This is a unique building and our restoration and transformation of it will announce that Budapest is not only a city of rich history but also a city for the future.”
When the restoration and reconstruction is complete, the building will provide over 11,000 square meters of retail, dining and lifestyle space. The aim is to attract premium and unique retailers giving a tenant mix that will differentiate Váci 1 from other retail locations in and around the city. There will be a rooftop restaurant with breathtaking panoramas of central Budapest, and there will be plenty of space for walking, sitting and just enjoying the architecture.
As the new project takes place it is expected to help transform the old downtown area of this historic city. “As in other major cities of Europe the re-structuring of the downtown retail trends will give a new wave to the city center and also give back the previous prestige of the famous pedestrian shopping street, Váci utca. With the introduction of premium category international brands new to Hungary, customers will have a different, truly unique shopping and lifestyle experience,” said András Kovács, ORCO's Regional Leasing Director.
As the new project takes place it is expected to help transform the old downtown area of this historic city. “As in other major cities of Europe the re-structuring of the downtown retail trends will give a new wave to the city center and also give back the previous prestige of the famous pedestrian shopping street, Váci utca. With the introduction of premium category international brands new to Hungary, customers will have a different, truly unique shopping and lifestyle experience,” said András Kovács, ORCO's Regional Leasing Director.
Useful Resources
Overseas Property For Sale
Maida Vale Property
Search for Maida Vale Property on Hot Property. We have thousands of properties listed, including property in Maida Vale
Spain
France
Portugal
Turkey
Bulgaria
Cyprus
Italy
United States
Greece
Malta
Egypt
Dubai
Brazil
Cape Verde
Hungary
Croatia
Thailand
Germany
Poland
Morocco
Dominican Republic
Venezuela
Barbados
Saint Lucia
Romania
Gibraltar
Panama
Canada
Albania
Montenegro
Israel
Lithuania
Malaysia
United Kingdom
Slovakia
Mexico
Argentina
India
Bahamas
New Zealand
Costa Rica
Latvia
Uganda
Slovenia
Estonia
Switzerland
Belize
Tunisia
Australia
Monaco
Czech Republic
Indonesia
South Africa
Antigua and Barbuda
Grenada
Saint Vincent and the Grenadines
Trinidad and Tobago
Jordan
Ireland
Philippines
Finland
Uruguay
Jamaica
Mauritius
Saint Kitts and Nevis
Cayman Islands
Qatar
Anguilla
Gambia
Nicaragua
Turks and Caicos Islands
Ukraine