trending Market Intelligence /marketintelligence/en/news-insights/trending/_gogkfiwzw03hajbxjrfpa2 content esgSubNav
In This List

Skanska sells Budapest office project for €100M

Blog

Corporate Credit Risk Trends in Developing Markets: An Expected Credit Loss (ECL) Perspective

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Corporate Credit Risk Trends in Developing Markets: A Loss Given Default (LGD) Perspective

Blog

Real Estate News & Analysis: May Edition


Skanska sells Budapest office project for €100M

Skanska sold the two-building Mill Park office project in Budapest to the real estate fund of Erste Asset Management GmbH subsidiary Erste Alapkezelo Zrt. for €100 million.

The buildings, which span a total leasable area of about 36,000 square meters, are expected to be transferred later in 2018.

The 80%-leased complex, set to be completed in the third quarter, will include a 5,500-square-meter garden, outdoor coworking spaces, an amphitheater, a restaurant and a café.

The property is expected to receive Leadership in Energy & Environmental Design Gold certification.