Skanska Divests Phase of Office Complex in Budapest
1 report, 1 independent
Updated Sep 25
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What happened
Skanska announced the divestment of the second phase of the H2Offices office complex in Budapest, Hungary. The transaction was completed for EUR 98 million, valued at approximately SEK 1.1 billion. The buyer is ERSTE Open-Ended Real Estate Investment Fund, represented by ERSTE Alapkezelő Zrt.
From prnewswire.com
Why it matters
The sold phase comprises 22,000 square meters of leasable office space, which is currently under construction and scheduled for completion in the first quarter of 2027. The project is located in the Váci Office Corridor and targets high energy and sustainability certifications.
From prnewswire.com
Who's involved
- SkanskaSeller of the office complex phase in Budapest