Exchange Palace, an iconic building that used to house the Budapest Stock Exchange, is being redeveloped. The property, co-owned by Canadian developer Tippin Corporation and Luxembourg Optimum Fund Management, will offer 22,000 sqm of office and 8,000 of retail space in four wings. The Nador Wing, the first phase of the redevelopment, is scheduled to be delivered by the end of 2019. JLL & CBRE were appointed as co-exclusive leasing agents.