The multi-tenant building completed in 2006 is part of the Millennium Towers office park located along the banks of the Danube, surrounded by a green park area. It offers a gross leasable area of approximately 18,800 sqm and around 270 parking spaces. As of November 2025, occupancy is about 87% with a WAULT of 7 years to end and annualised in place GRI of around €3.1m.

Keegan Viscius, CEO of CA Immo: “Based on market fundamentals and attractive alternative capi-tal allocation options, we have decided to reclassify Hungary to a non-core market in 2023. This transaction is a further step in the implementation of our strategic capital rotation programme and on the way to exiting the Hungarian market. The proceeds from sale may be used in a number of ways, including general corporate purposes, accretive investment in our prime portfolio, repayment of debt, buyback of shares, and external investment should attractive opportunities arise.”

Hedwig Höfler, Group Head of Investment Management of CA Immo: “After a period of extreme-ly low transaction activity in 2023 and 2024, the Budapest investment market has caught up strong-ly in 2025. With three sales last year – the last of which has now been completed – we can confirm this positive market trend, and are confident that our quality portfolio will attract further investors.”

The sale is in line with CA Immo's long-term investment strategy, pursuing a clear focus on large, high-quality Class A office properties in prime inner-city locations. As part of this strategy, CA Im-mo is selling properties that do not correspond to the core business in terms of asset class, location, building quality, age, or value creation potential, continuously optimising the quality and sustaina-bility of the property portfolio.

CERHA HEMPEL Rechtsanwälte and CBRE advised CA Immo on the sale.

As of 30 September 2025, CA Immo's Hungarian portfolio consisted of six office buildings in Buda-pest with a total lettable area of around 125,000 sqm and a book value of around €246m. All Hun-garian buildings have BREEAM Very Good or LEED Gold sustainability certification.


CA IMMO