New CEO announced at Codic Hungary


Kornél Kalapács (left) with outgoing CEO Cristophe Boving.

Kornél Kalapács will take up the position of CEO at Codic Hungary in mid-October this year, the company announced.

Prior to joining Codic, he managed the Hungarian division of Orco Property Group and later the Hungarian operations of the Colas-Bayer Group. Kalapács, a civil engineer and MBA graduate, has some 30 years of international and domestic experience in real estate development, having worked on several megaprojects in France, Dubai, Turkmenistan and Tahiti. He replaces Cristophe Boving at the helm of the company.

"Our goal with the Hungarian Codic team is to create sustainable and value-added projects that meet the rapidly changing needs of society, both in the workplace and in the housing market," said Kalapács.

The new CEO added that Codic is preparing for an eventful end to the year. Following the successful opening of the Green Court Residence, the Green Court Office office building is set to be completed soon.

Opening in November, the BREEAM Excellence pre-certified office building is already over 74% let and will house the headquarters of international companies that seek to create an environment that promotes collaboration as well as sustainability.

The first tenants, Randstad of the Netherlands and Vagheggi of Italy, will move into their offices next month. The remaining space on the top floor - 4,000 sqm in total - is currently under negotiation.

Codic has designed the building to meet the requirements of the Access4you Gold certification, which facilitates the work of people with disabilities.


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