ADVERTISEMENT

TriGranit partners with Heitman in Millennium City Center

Awards

Hungarian property developer TriGranit has formed a joint venture with global real estate investment manager Heitman to own and operate four properties with a combined area of 70,000sqm in Budapest’s Millennium City Center, Cushman and Wakefield, an advisor for the transaction said.

TriGranit will act as asset manager for the properties.

Big tenants in the development include Morgan Stanley, Vodafone, Nestle and Schering Plough.

Business daily Napi Gazdasag said on Monday that the TriGranit sold Heitman a 74% stake in the properties for €150m.

Gov't to Present EU-wide Support Scheme for EV Purchases in ... Analysis

Gov't to Present EU-wide Support Scheme for EV Purchases in ...

Gov't to Call HUF 75 bln Tender to Support Innovation by SME... Government

Gov't to Call HUF 75 bln Tender to Support Innovation by SME...

Óbuda Uni Planning Technology and Innovation Park Innovation

Óbuda Uni Planning Technology and Innovation Park

White Raven Skybar, Laurent-Perrier Champagnes Enter Special... Drinks

White Raven Skybar, Laurent-Perrier Champagnes Enter Special...

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.