HUNGARY GTC sells Spiral for EUR 41 mln
Investment & financeschedule 09 November 2020
The building, which is situated close to the Váci út office corridor, has a total leasable area of 30,541 sqm
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Globe Trade Centre has sold the Spiral office building in Budapest for EUR 41 mln to an undisclosed buyer.
The building, which is situated on Dózsa György út, close to the Váci út office corridor, has a total leasable area of 30,541 sqm. GTC completed the building in 2008. It comprises six above-ground office floors, entirely leased to Hungarian National Asset Management Inc., and four underground parking levels. The remaining 1,896 sqm is leased to a restaurant and a fitness centre operator.
We believe the time has come to refresh our portfolio in Hungary by selling mat
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