OTIS extends lease in CityZen office building

Office Market

OTIS Felvonó Kft. has announced extending its lease contract in the CityZen office building managed and operated by ConvergenCE.

The tenant, a subsidiary of the American elevator and escalator manufacturer OTIS Elevator Company and a market leader in Hungary, leases nearly 900 sqm of office space in the building on Váci út.

Sándor Ványi, acting managing director of OTIS, commented, "Our employees feel comfortable at CityZen, where we can also welcome our visitors in a highly prestigious environment. The location and services are great, so thanks to those and to ConvergenCE's flexible, tenant-focused approach, it was a natural choice for us to stay here."

Dóra Papp-Vas, director of leasing at ConvergenCE, added, "We are always delighted when, as a result of our dedicated work, our tenants decide to remain in our houses. Both as landlords and property managers, we strive to build long-term partnerships with our clients. For us, success means meeting their needs and ensuring their satisfaction."

ADVERTISEMENT

Tender for Home Solar Panel, Battery Subsidies Announced Green Energy

Tender for Home Solar Panel, Battery Subsidies Announced

Gov't Keeps Rate on General-purpose Student Loans at 7.99% Government

Gov't Keeps Rate on General-purpose Student Loans at 7.99%

Wolf Theiss Advises Kyoto Group on HaaS Delivery to Kall Ing... Deals

Wolf Theiss Advises Kyoto Group on HaaS Delivery to Kall Ing...

Budapest Police Seize Nearly 155 kg of Cocaine in Drug Bust City

Budapest Police Seize Nearly 155 kg of Cocaine in Drug Bust

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.