Listed Austrian real estate group Immoeast has announced the acquisition of the Atrium Park office development in Budapest in the form of a forward purchase, with total investment amounting to around EUR 100 mln. The project is located in Pest near Vaci Ut, the most important office location in the Hungarian capital. It provides a total floor space of 56,000 m2, of which more than 30,000 m[sup]2[/sup] comprises offices. The project also encompasses storage and retail space, conference rooms, leisure facilities and 733 parking spaces.
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