ADVERTISEMENT

FHB's Diófa unit buys Green House offices from Skanska

Office Market

Swedish property developer Skanska sold its Budapest Green House office building to a unit of the Hungarian FHB Group for €36 mln, Skanska Property Hungary's managing director, Zoltán Linczmayer, announced yesterday.

The seven-storey building located in Budapest's 13th district was acquired by Diófa Asset Management, a unit of FHB. The group expects a yield of about 8%, FHB Group's CEO Gergely Bíró informed Hungarian news agency MTI.

The building was completed at the end of 2012. It has a leasable office area of 17,800sqm, 98% of which is available to let.

Last year the building was awarded LEED Platinum certification, the highest level of the international LEED environmental rating system. It also won the 2014 FIABCI World Prix d’Excellence (Excellence award) in the office category.

ADVERTISEMENT

MKIK: Local business tax should be maintained Analysis

MKIK: Local business tax should be maintained

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

Capital sees urban exodus during pandemic City

Capital sees urban exodus during pandemic

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.