AEW acquires asset in Hungary for close to £15.7m

Budapest

AEW has acquired a retail-led asset in Budapest on behalf of the Europe City Retail Fund for close to £15.7m, marking the fund’s first acquisition in Hungary.

3 Vörösmarty Square in Budapest’s pedestrianised shopping district provides 33,000 sq ft of retail and office space and is the former Luxus department store.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article

Registration includes the following benefits:

  • Access up to four FREE articles per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.

Registered users and subscribers SIGN IN here to continue