Belgian developer Atenor has sold Building A of its Vaci Greens complex in Budapest to a group of private Hungarian investors.
The transaction volume was not disclosed.
The property was the first of the three Vaci Greens buildings constructed by Atenor in the Vaci Corridor business district in the Hungarian capital.
Completed in September 2013, Building A comprises 15,700 m2 of office space, which is currently 88% leased. Tenants include General Electric, Sykes, Enterprise, BNP Paribas Real Estate and Budapest Bank.
The entire Vaci Greens complex, started in 2008 by Atenor, includes six Class A office buildings with a total surface area of over 120,000 m2. The properties have all obtained BREEAM Excellent environmental certification.
In December 2016, Atenor also disposed of Building C to Czech investment fund ZPF Investment.
