CPI Hungary announces V188, V190 sale

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Real estate firm CPI Hungary has sold office building V188 and development area V190, both located on Budapestʼs Váci út, in a deal signed on November 30, according to a brief statement sent to the Budapest Business Journal today.

The buyer of the properties is a Hungarian investor group, the statement says, without disclosing any further details of the sale. 

After the sale, CPI Hungary is planning to further increase the value of its current portfolio, as well as realizing further greenfield investments, the press statement adds.

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