"CA Immobilien Anlagen Sells Bartok Haz in Budapest to DRFG Investment Group"

"Cerha Hempel has advised CA Immobilien Anlagen on the sale of Bartok Haz in Budapest to DRFG Investment Group, with Bird & Bird representing the buyer. The property, completed in 2003, has a gross leasable area of approximately 17,700 square meters and a 95% occupancy rate as of September 2025. Notable tenants include DXC Technology, Lidl, and Novartis. TriGranit will manage the building's assets and improve its ESG parameters."

Cerha Hempel advised CA Immobilien Anlagen on the sale of Bartok Haz in Budapest to DRFG Investment Group, while Bird & Bird represented the buyer in this transaction. Bartok Haz, completed in 2003, features a gross leasable area of approximately 17,700 square meters and provides 408 parking spaces. As of September 2025, the property boasts an occupancy rate of about 95%, with a weighted average unexpired lease term (WAULT) of 5 years based on income, and an annualized in-place gross rental income (GRI) of EUR 3.5 million. The building is home to various national and international tenants, including DXC Technology, Lidl, Novartis, Sandoz, Mandiner Novum, and Mathias Corvinus Collegium Alapitvany. TriGranit, a development company, will manage the asset, focusing on enhancing ESG parameters and leasing activities. The Cerha Hempel team comprised Partners Wilhelm Stettner and Andras Fenyohazi, along with Associate Csongor Fillar. The Bird & Bird team included Senior Counsel Ferenc Matrai, Senior Associate Matyas Rada, and Associate Kristof Hever.

"CA Immobilien Anlagen Sells Bartok Haz in Budapest to DRFG Investment Group"

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