ERZSÉBET OFFICE BUILDING
Erzsébet királyné útja District 14
•2 buildings connected with a bridge – total of about 19.000 sqm
•Building A - net office space: app. 6 700 m2 Basement (engineering, depositories) + ground floor (lobby, offices) + six storeys (offices, flats)
•Building B – net office place: app. 5 800 m2
Basement (engineering, depositories) + ground floor (lobby, customer space, offices)
•both buildings have been torn down to bricks and completely rebuilt to brend new, category A buildings with latest technology ( even LED lightings at night time)
The property is 3 minutes from Andrássy út and the Hero’s square, on the meeting point of Hungária krt. and motorway M3, close to Városliget. Now it is operating with mixed functions (commercial and retail).
LOCATION AND FUNCTION
•80% tenant is Groupama Insurance Company (built for them), with 10 + 5 years contract, starting last month(!) 2015 october 1.
•Groupama sold its building in the donwtown area to move here to this location in 2015 so basically this was built for them
•1.500 sqm is still to be rented out to increase cashflow
•Guide price: 24 500 000 €
TENANT AND SAL