Appeninn has acquired the office building on Frangepán street in Budapest for HUF 500m. The property is located on a 2,000 sqm plot and offers 3,403 sqm of space, which is currently 90 leased. The transaction increased the total area of properties owned by the company by 6 percent to 64,000 sqm. Appeninn, which is listed on the Budapest Stock Exchange, is planning additional investments on the Hungarian market.
