All Hungary articles
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Asset Manager NewsM7 CEREF II acquires Terrapark office complex near Budapest, Hungary
M7 Real Estate (“M7”), the pan-European investor and asset manager specialising in multi-tenanted properties, announces that it has acquired the office complex, Terrapark, in Budapest, Hungary, on behalf of M7 CEREF II (the “Fund”).
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Asset Manager NewsM7 acquires Hungarian office property for M7 CEREF II and secures €57m new loan facility with Erste Group
M7 Real Estate (“M7”), the pan-European investor and asset manager, has acquired a modern, multi-tenanted office property in Budapest, Hungary on behalf of M7 CEREF II (the “Fund”), for €12.35 million. The acquisition is in line with the Fund’s strategy which targets value-add and core-plus office and logistics / industrial properties in key Central European markets, including Croatia, Hungary and Poland.
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Asset Manager News
M7 sells Aerozone Logistics Park in Hungary
M7 Real Estate (“M7”), the pan-European investor and asset manager, announces the sale of Aerozone Logistics Park in Budapest, Hungary, to a South African investor, JTRoss Group on behalf of M7 Central European Real Estate Fund I (“M7 CEREF I” or the “Fund”).
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White papersCentral European countries: Outlook to 2020
Global growth resynchronised in 2017. In this particularly bullish environment, Central European countries “outperformed” with growth rates of between 4% and 6%.
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Asset Manager News
M7 Real Estate sells Budapest and Prague industrial parks
M7 Real Estate announces, on behalf of M7 Central European Real Estate Fund I, that it has recently sold three assets- Innovations Business Park in Budapest, Hungary and Sanitas Industrial Park and Uhrineves Industrial Park both located in Prague, Czech Republic for a total of circa €24 million, delivering investors a strong increase in value.
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Asset Manager News
M7 grows Hungarian assets under management to €89.3 million with acquisition of €80 million of assets in 2017
M7 Real Estate announces that it has completed the acquisition of 12 assets through four transactions for a total of €80.1 million in 2017.
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Asset Manager News
KGAL buys two further office buildings for special AIF in Budapest
The asset and investment manager KGAL has acquired the Kálvin Square and CityZen office buildings in Budapest.
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Asset Manager News
M7 acquires a further two additional assets in Budapest for M7 CEREF I
M7 Real Estate announces that it has acquired a further circa. €20 million of assets in Budapest, Hungary on behalf of its first Central European fund for third party investors, M7 Central European Real Estate Fund I.
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Asset Manager News
M7 makes first investments in Croatia and Hungary for CEREF I
M7 Real Estate announces that it has made two further acquisitions for the recently launched CEREF I fund. The acquisitions in Croatia and Hungary totalling €14 million mark M7’s first entry into both countries.
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Asset Manager NewsKGAL acquires Eiffel Square Office Building in Budapest
KGAL has purchased the “Eiffel Square Office Building” in Budapest, adding a prime asset in Hungary to its property portfolio.
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Asset Manager News
M7 takes on more offices and staff
M7 Real Estate has ramped up its central European operations by opening three new offices and hiring a number of senior staff.
