DVM group
Search
Close this search box.

Váci1

During the renovation, special attention had to be paid to the observance of the rules of monument protection and the reconstruction of the original state. The art nouveau Miksa Róth glass windows, the striking red and white marble reliefs (the garlands are coated with shimmering gold smoke) and the floor mosaics with their tiny patterns are back in their original beauty.

Located in the historic downtown of Budapest, this Art Nouveau office building – originally designed by Ignác Alpári – is home to prestigious global companies. It features a patinaed exterior, modernised interiors, open-plan spacious and sunny office floors, modern facilities with reimagined functionality and flexibility to meet tenant needs. The building is a UNESCO World Heritage Site. It was inaugurated in 1915 and served for a long time as the building of the First National Savings Bank of Pest and the Budapest Stock Exchange until 2005.

During the renovation, special attention had to be paid to the observance of the rules of monument protection and the reconstruction of the original state. The art nouveau Miksa Róth glass windows, the striking red and white marble reliefs (the garlands are coated with shimmering gold smoke) and the floor mosaics with their tiny patterns are back in their original beauty. The exclusive location of the office building has attracted a number of international partners since its opening in 2016. Among the first tenants are companies such as H&M, Mastercard, Cushman & Wakefield, Szamos Chocolate Manufactory, Play’N GO, DVM Group, Hard Rock Café Budapest and St’Andrea Wine & Skybar, which boasts breathtaking panoramic views from its 6th floor roof terrace.

The renovation has been designed with sustainability in focus, and the project has been awarded LEED Gold certification. In addition to the exemplary environmental performance of the office building, the operating costs of the retail outlets were also made more economical. Reducing the building’s energy use is a shared interest between tenants and landlord.

Examples of the project’s environmentally conscious and thoughtful architecture include the use of recycled and sustainable materials from certified regions, a low-energy building management system, motion sensors and infrared sensors, percolators for optimised water use, energy-efficient lifts, bicycle storage, changing rooms and showers, zero CO2 emissions, a healthy climate, noise and air pollution control through selective waste collection.

The ceilings of the building’s floors are over 3 metres high, creating offices with a comfortable and spacious feel. The offices in the corner building are panelled; the original windows and doors have been retained to protect the building’s heritage.

 

Certificates

LEED Gold

Size

13.750 sqm

Awards
  • CIJ Awards Hungary 2016 – Best Retail Development,
  • European Property Awards 2016 – Best Commercial Redevelopment (Hungary) és Best Mixed-Use Architecture Award (Hungary),
  • Az Év Irodája 2016 – Az Év Új Ingatlanfejlesztése
  • FIABCI World Prix d’Excellence Awards 2017 – World’s Best Heritage Project Gold és Europe’s Best Commercial Development Gold

Provided service

Year of completion
2016