News Article Budapest CA Immo Colliers Diófa Hungary investment office
by Property Forum | Investment

Diófa Asset Management has acquired the Infopark A office building from CA Immo at the end of 2017. Representing Magyar Posta Takarék Real Estate Investment Fund, Diófa Alapkezelő Zrt. bought a 14 000 sqm Class A office building. The seller was represented by Colliers International in this sales transaction.


This LEED Gold certified office building is located in South Buda. Infopark A has been fully let for many years and thanks to an in-house restructuring 1,500 sqm of additional office space will be available for new tenants from January 2018.
 
"We managed to sell Building A of Infopark in a favourable market environment in the wake of local portfolio adjustment, following the large-volume purchase of the 70,400 sqm Millennium Towers office complex in 2016.. With a property portfolio worth more than €450 million, Hungary is CA Immo’s major CEE market with increasingly dynamic development”, Ede Gulyás, Head of CA Immo Hungary commented.