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CMS advises Atenor on the sale of Váci Greens Building A to a group of private Hungarian investors

13 February 2017

The building is one of three built by Belgian real estate developer Atenor in the Váci Greens complex in Budapest. Building A, which finished in September 2013, contains 15,700 m² of office space, 88% leased to various tenants of repute (General Eletric, Sykes, Enterprise, BNP Paribas Real Estate, Budapest Bank).

CMS has also advised Atenor on the sale of Building C, which completed in June 2015 and comprises 18,500m² office space, fully let to General Electric, who chose VÁCI GREENS as the location of its European Global Operations Centre.

The Váci Greens complex, started in 2008 by Atenor, includes six Class A office buildings with a total surface area of over 120,000 m². The complex, ideally located in the heart of the highly dynamic Váci Corridor business district has obtained the "BREEAM Excellent" environmental certificate.

The CMS team assisting Atenor included Partner Gábor Czike, Senior Counsel József Várady and Lawyer László Jókay.

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