TriGranit sells Millennium Gate to International Medical Centers

TriGranit has sold its Millennium Gate scheme in Budapest to Dutch-registered International Medical Centers, which is expected to complete construction of the two towers and fit them out in order to provide healthcare services. The project was part of TriGranit’s €500m Millennium City Center, which the company has been developing over the past 14 years, completing 360,000 sqm of space, including the Palace of Arts, five Millennium Tower office buildings and over 300 luxury residential apartments.

“We are proud of the fact that in just over a decade we have created a modern, prestigious district at the riverbank in the heart of Budapest,” said Árpád Török, CEO of TriGranit Development Corporation. “We are delighted that the new owner of Millennium Gate is determined to develop a high quality project in accordance with Millennium City Center’s high level standards.”