Andrássy 11 & 12 Office & Retail, Budapest

• Freehold ownership of two flagship retail and office buildings on one of Europe’s premier shopping streets
  • Andrássy 11: 2,170 sqm leased to ‘Michael Kors’ flagship retail and Dentons law office above
  • Andrássy 12: 5,639 sqm with Högl retail store, Miniversum model railways exhibition and value-add opportunity for office space on floors above
• Partnered with UK-based fund manager and German institutional separate account investor
• Acquisition closed Q1-19