News Article Budapest Hungary investment M7 Real Estate office Wing
by Property Forum | Investment

Wing has acquired the Liget Center office building in Budapest from the M7 CEREF I fund managed by M7 Real Estate. The property comprises 7,000 sqm of office space and a 3,800 sqm auditorium. The new owner plans to improve the services offered by the building by adding new services and to find a new use for the empty auditorium.

The original building was built between 1948 and 1950 and underwent a complete reconstruction in 2002. The office part is fully leased to international and local companies but the auditorium has been vacant for several years now.