BNP Paribas Real Estate Hungary wins property management tender
BNP Paribas Real Estate Hungary won a property management instruction in a tender process for Váci Greens office building ‘B’, one of the latest office developments in the Budapest pipeline completed in March, according to a press release issued today.
The scheme has a total area of 25,000 sqm GLA and is the third building in the Atenor portfolio under the management of BNP Paribas Real Estate Hungary, the statement said.
“The strategic objective of the Property Management Department at BNP Paribas Real Estate Hungary is to improve the performance of real estate assets,” said Henrik Favari, CEO, BNP Paribas Real Estate Hungary. “We are extremely pleased that Atenor entrusted us with the management of yet another property, thus expressing their satisfaction with the results achieved so far,” he added.
Váci Greens, at the center of the Váci thoroughfare, consists of six office properties with a total development area of 130,000 sqm. The office complex has a favorable location, modern architecture and high quality technical standards, the statement said.
Váci Greens was the first office building in Budapest to obtain a BREEAM “Excellent” rating.
Policymakers Cut Central Bank Base Rate by 50 bp to 7.75%
Bulgaria's Household Income, Spending Rise 20% in 2023
Spar Magyarország Revenue Climbs Close to 16% in 2023
Hungary Launches HUF 15 bln Tourism Sector Support Program
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
