Gresham Palace, completed in 1906 as an office and apartment building, it is today the Four Seasons Hotel Budapest Gresham Palace. In 1880, the London-based Gresham Life Assurance Company bought the property, at a time when it was illegal for insurance companies in Great Britain to invest money in stocks, but rental income was an acceptable and legal investment. The company later decided to build its foreign headquarters on the site. (previous | next | back to album | 2022:09:06 14:23:43 | 72% of an album)