Atenor sells Budapest office building to local fund

09
Sep
2019
News - Atenor sells Budapest office building to local fund #Atenor #Budapest #Hungary #investment #office

by Property Forum | Investment

Atenor announced that an agreement has been reached for the sale of the fifth Váci Greens Building to a Hungarian private fund set up by MEFG Zrt. The delivery of the Váci Greens E building, which is being sold in a future state of completion, is scheduled for September 2020.


In April 2018, Atenor obtained the building permit for the development of the last two Váci Greens blocks (E and F), allowing them to start the construction and marketing of these. The delivery of the Váci Greens E building, which is being sold in a future state of completion, is scheduled for September 2020. This building with a gross floor space of 23,445 sqm of offices and businesses will, therefore, welcome its first tenants by the end of 2020.

The first four buildings on the campus were all sold within a matter of months between end 2016 and 2017. With the sale of the fifth building, only the sixth building remains which is already let up to 55%.




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