Mellow Mood Group, which shows growing appetite for property development lately, is to turn the present office building located under Nádor u. 13 into a four-star hotel. With a planned 2009 4th quarter handover in mind, the seven-story, 7500 sqm sized building is to give home to the third Fashion hotel of the group.
The hotel has 112 rooms, apartments, a restaurant, a conference room for 110 people and 2 connecting seminar rooms. The first Fashion Hotel opened its doors at the Atrium a year ago, and the Buda Casle Fashion Hotel is expected to open this summer.
World Economy – Real Estate Market 23.