Autumn 2016

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5 Group News
Khalaf Al Habtoor, Chairman of the
Al Habtoor Group proudly announced
two new investments in Budapest,
Hungary. “I am delighted to announce
our latest acquisitions in Europe.
Hungary has a vibrant economy
with a rapidly growing office market.
I am happy to build on our other
successful ventures in the country.
We have invested heavily in the
United Arab Emirates in recent years,
and are always looking for good
investments abroad. Over the past
few years, we have announced major
acquisitions in Hungary, Austria,
London and the United States,” said
the Chairman.
Dorottya Udvar
Offering over 28,000 sq m of
exceptional office space, Dorottya
Udvar is a calm and friendly work
environment in Hungary’s vibrant
capital city. Originally housing a textile
mill in Budapest’s XIth district, the
early 20 th century building has been
elegantly restored into a spacious and
flexible office complex with a strong
international tenant lineup.
The building was one of 4 finalists for
the ‘Best Office Building in the World’
award in 2003 and has crowned the
FIABCI Prix d’Excellence award for
the ‘Best Office Building in Budapest’
in 2002. Dorottya Udvar, located
in Újbuda within the South Buda
office submarket, is one of the most
rapidly developing areas of the city
and offers an array of convenient
amenities, including a tranquil garden
located within the heart of the
complex with free Wi-Fi, the Dorottya
restaurant-café, shuttle bus service,
car wash, ATM, archive storage
facility, 24h on-site security, over
500 parking spaces and free visitor
parking.
Al Habtoor Group expands
its property portfolio with
two new acquisitions in Budapest
Website:
Rumbach Center
Rumbach Center represents an
upmarket office building located
in the historic part of Budapest’s
financial, commercial and
administrative centre near Deák
Square. With its unique architectural
design, the office building is
separated into two wings and
holds the Gold qualification for its
sustainable building design from
the German Sustainable Building
Council (ÖGNI/DGNB). Business
facilities and amenities within the
area include, banks, post office,
shops, hotels and the famous
gastro entertainment street Király
utca.
Website: