DRFG Investment Group has completed its first commercial real estate acquisition in Hungary. It has purchased the Bartók Ház office building from CA Immo. The building is located in the center of Budapest and offers over 17,600 square meters of leasable space. The transaction is part of the group's strategy to further expand its real estate portfolio within the Central and Eastern European region.

The Bartók Ház building was completed in 2003 and is a high-quality Class A office building. Thanks to its location, it benefits from excellent transport accessibility. Tenants include renowned national and international companies such as DXC Technology, Lidl, Novartis, Sandoz, Mandliner Novum or Mathias Corvinus Collegium Alapítvány. The building holds a BREEAM Very Good environmental certification and, among other things, has an above-standard number of parking spaces.

The development company TriGranit, which became part of the DRFG group last year, also played a significant role in the transaction. It will be responsible, among other things, for the building's asset management, investments in improving ESG parameters, and leasing.

Source: www.kurzy.cz
Prepared by the team of the CzechTrade Hungary foreign office.