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GLL’s portfolio shows steady results

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The 450,000 sqm European portfolio of GLL  – with properties in Amsterdam, Brussels, Paris, Budapest, Bucharest, Prague, Warsaw, Frankfurt and London – holds an average occupancy rate of 85%, with over 60% of properties being 90% occupied, the real estate fund manager group said in a press release today.

The company noted that Park Atrium in Budapest has seen a 100% tenant retention rate. This confirms the positive image of the service-focused landlord and the quality of the building, and also demonstrates a stable tenant mix of loyal, satisfied occupants in another class ‘A’ office property of GLL Real Estate Partners, the company says.

GLL’S Hungarian portfolio includes Bank Center, Roosevelt 7/8, Park Atrium, BSR Center, Népliget Center and RiverLoft.

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