FLE acquires French Embassy building in Budapest

FLE acquires French Embassy building in Budapest

Published at: 2019-09-12 09:28 | Author: CIJ Serbia
FLE GmbH has acquired a 1,500 sqm Art Nouveau building in Budapest that currently houses the French Embassy. The purchase was made on behalf of FLE SICAV FIS, a Luxembourg-based fund. The price of the deal was not disclosed. This is FLE’s eighth investment in the Hungarian capital. “Our latest acquisition, the current French Embassy, is an exceptional building in an outstanding location that complements our portfolio perfectly and which we will refurbish in a manner corresponding to its uniqueness,” said Alexander Klafsky, managing partner of FLE GmbH.

Similar Stories:

Outdoor co-working space unveiled at BB Centrum
Passserinvest Group has set up an outdoor co-working space intended for use by its tenants  »
Rohde & Schwarz Topex leases 8,000 sqm at myhive IRIDE nineteen
Rohde & Schwarz Topex has leased 8,000 sqm at myhive IRIDE nineteen in northern Buchar  »
Skanks sells office properties in Wrocław, Kraków
Skanska sold Nowy Targ in Wrocław and High5ive II in Kraków to real estate funds managed  »
Szczecin’s total office stock tops 161,000 sqm
The total office stock in Szczecin has topped 161,000 sqm, most of which is located in the  »
With demand for modern office space in Athens growing on a daily basis, developers and inv   »
HB Reavis broke into the big leagues by being aggressive on rents, building office space t   »
How would you describe the tenant mix at Mindspace? Co-working is a solution that takes i   »
You’re part of the HB Reavis group, which is an increasingly powerful player in office d   »