portfolio.hu
They bought the Austria House office building, one of the most sought after parts of the Budapest business district. The buyer is a Wigan Acquisitions real estate investor – listed in the PropertyEU article.
Wigan Acquisitions has completed the purchase of a multi-let office building in central Budapest, taking the total capital deployed on behalf of its family office and private equity partners to €135 mln.
Budapest-based investment company Wigan Acquisitions has completed the acquisition of a multi-let office building in central Budapest, taking the total capital deployed on behalf of its family office and private equity partners to EUR135 million.
Wigan Acquisitions has started the new year with the completion on a multi-let office building in central Budapest, taking the total capital deployed on behalf of its family office and private equity partners to €135m. Austria House, a modern office building of 3,400 sqm GLA over ground level and 8 upper floors with the benefit of 41 underground car parking spaces, as well as being close to major public transport hubs, is in a prime downtown location of Budapest’s historic centre.
Capital Pro City Summit – Prague, Czech Republic – March 21-22, 2018
Over the past two decades, Central and South Eastern Europe has experienced remarkable economic transformations. It is estimated for every single percentage point of growth in the eurozone, the CEE and SEE countries are expected to grow by up to 1.5 to 3.5 percentage points.
Joining the podcast to discuss opportunities in Central and South Eastern Europe is Patrick Wigan, Director at Wigan Acquisitions. Wigan Acquisitions is a family office and private equity backed investment company targeting direct real estate and non-performing loan portfolios across Central and South Eastern Europe.