AEW acquires asset in Hungary for close to £15.7m


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.

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