Published at: 2018-05-25 12:27 | Author: Robert McLean
GalCap Europe, has acquired Central Udvar, its second property in Budapest after buying Merkur Palota. The purchase was made
on behalf of a separate account for a German pension scheme, administered by Institutional Investment Partners. Central Udvar is a mixed-use complex located in the center of Budapest. The investment offers 16,780 sqm of leasable class A office, storage and hospitality space, with 215 parking spots in the underground garage. CBRE advised GalCap Europe in this off-market deal, while legal advice was provided by CHSH Dezső & Partner. GalCap Europe is a Vienna-based investment and asset manager targ...

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