News Article Budapest Hungary investment office White Star Real Estate
by Property Forum | Investment

White Star Real Estate has sold the 17,000 sqm Krisztina Plaza office building in Central Buda. The name of the buyer was not disclosed.

The first-generation office complex was bought in 2019 and badly needed a total refurbishment to meet the latest technical requirements. White Star Real Estate made a successful repositioning and managed to let it nearly completely.

The owner was responsible for property and facility management over the past years, making the complex to become an A-class office building. This resulted in attracting investors and closing a deal with one of them. The name of the buyer was not disclosed.