Located in central Budapest, the property offers more than 17,600 square metres of leasable space. The transaction is part of the Group’s strategy to further expand its real estate portfolio across the Central and Eastern European region.
Jan Pelíšek, Director of the Real Estate Division, expressed his thoughts on the acquisition: “I am pleased that we have successfully completed another significant acquisition. This is an attractive property in a prestigious location that fits perfectly into our long-term strategy for growth and diversification.” He also added that “Bartók Ház is the Group’s first office and commercial property in Hungary, yet we already see additional opportunities in this market that we intend to pursue.”
Completed in 2003, Bartók Ház is a high-quality Class A office building. Thanks to its location, it benefits from excellent transport accessibility. Tenants include renowned national and international companies such as DXC Technology, Lidl, Novartis, Sandoz, Mandiner Novum, and Mathias Corvinus Collegium Alapítvány. The building holds a BREEAM “Very Good” environmental certification and offers, among other features, an above-standard number of parking spaces.
Christoph Buchgraber from CA Immo: “We are delighted that we have been able to secure DRFG as a long-term investor for this property and wish TriGranit continued success in managing of Bartók Ház.” On the seller’s side, ESTON acted as advisor.
On the buyer’s side, CBRE acted as advisor, legal advisory services were provided by Bird & Bird, and technical advisory was handled by Sentient. The transaction also involved the development company TriGranit, which became part of the DRFG Group last year. TriGranit will be responsible for the building’s asset management, investments aimed at improving ESG parameters, and leasing activities.
“We see Budapest and the entire Hungarian market as highly promising. With our long-standing knowledge of the market and a strong local team, we identified numerous opportunities for further development. Bartók Ház is a stable asset with a strong tenant portfolio, providing us with scope for further value creation,” said Tomasz Lisiecki, CEO of TriGranit, on the acquisition.
This transaction reaffirms DRFG’s commitment to strengthening its presence in Central and Eastern European markets and builds on successful acquisitions in previous years, including the Signum office building in Warsaw.
DRFG Investment Group TriGranit
