Exchange Palace the former Budapest Stock Exchange building co-owned by Canadian developer Tippin Corporation and Luxembourg Optimum Fund Management, has received a final building permit and will commence reconstruction works in 2018. The owners appointed JLL & CBRE appointed as co-exclusive leasing agents.
Designed by American architect Beyer Blinder Belle, global engineering firm ARUP, and executed by Hungarian contractor LAKI, Exchange Palace is located in the CBD of Budapest. The building will offer about 22,000 sqm of offices and about 8,000 sqm of retail space. Exchange Palace will be redeveloped in four wings, with the first (Nádor Wing) delivered by the end of 2019.