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