Appeninn acquires R贸zsadomb offices in Budapest

16 August 2016

Appeninn acquired an office property in Budapest鈥檚 R贸zsadomb district. The cost of the deal was not disclosed, however, according to market sources, the Hungarian investor hopes to see a return on the investment within seven years, after signing a six-year fixed-term lease agreement with P茅nz眉gykutat贸 Alap铆tv谩ny. The financial research foundation leased more than 800 sqm of office space in the building, pushing occupancy to more than 95 percent.

Example banner for displaying an ad. It can be higher.