Record transactions in Hungary and Poland

In 2016, TriGranit completed two market defining transactions in Hungary and Poland by selling two of his successful retail and office developments. In September, the company completed the sale of Bonarka City Center (BCC) in Krakow to Rockcastle. The transaction was the largest transaction on the 2016 Polish real estate market. Just some weeks after it, TriGranit sold Millennium Towers in Budapest, a Class A 70,400 sqm complex, comprised of four office buildings within the Millennium City Center in Budapest, Hungary, for €175 million. The transaction is one of the largest ever office deals in the Hungarian market, by both value and gross leasable area. Meanwhile, the next tower, Building “F” was handed over adding 10 000 sqm GLA to the Krakow office market.

3. Nov

Market Talk: How Green is Budapest?

With green accreditation becoming the norm in both the property development and the asset management segment, market players are increasingly aiming to secure more than one green accreditations.... Read more

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