News


CA Immo lets approximately 15,000 sqm of office space in Budapest

CA Immo has concluded rental agreements for around 15,000 sqm of office space in Budapest during the first half year 2016. The agreements include new rentals (approx. 6,500 sqm) as well as contract extensions of existing tenants (approx. 8,000 sqm).

Tenants include Ferrero Hungary, AVON and Cemex Hungary, the largest building material company in the country. Lease contracts were concluded for five office buildings: Canada Square, Capital Square, IP West, R70 Office Complex and the Viziváros Office Center. 

CA Immo is invested in eight large and medium-sized office properties in Budapest and one shopping centre in Györ. Seven office buildings of the Hungarian portfolio have been award-ed gold certification in accordance with LEED standards. The total book value of the Hungar-ian portfolio, which accounts for 9% of the total CA Immo portfolio, stands at € 315 m (as at 31 March 2016), totalling a rentable area of come 203,000 sqm.