In spite of difficult market conditions, Atenor succeeded to close this transaction that will have a positive impact on Atenor cash position.

RoseVille is a prime office building located in North Buda, with a gross leasable area of 15,500 square meters, and was handed over in the summer of 2023. Tenants include international companies like Veeva Systems, L’Oréal and Red Bull. The sale of this state-of-the-art facility is a testament to Atenor commitment to delivering high-quality, sustainable real estate projects in prime locations. The buyer is a Hungarian Real Estate Investment Fund backed by international investors.

"While the sector is facing a slowdown, Atenor has been able to propose to an investor an attractive investment with top sustainable quality that meet the evolving needs of businesses and investors.
This deal represents a significant achievement for our company and reinforces our position as a prominent player in the Hungarian real estate market", said Stéphan Sonneville, CEO at Atenor.

“We are extremely proud that iO Partners’ capital markets team have successfully identified a buyer and attracted a new investor to the Hungarian market” – added Ferenc Furulyás, managing director of iO Partners Hungary. CBRE and iO Partners were jointly mandated by Atenor for the sale of Roseville office building.

 

Atenor