M&AReal EstateSIGNED
Skanska divests second phase of H2Offices in Budapest, Hungary, for EUR 98M
Value
€98M
Acquirer
ERSTE Open-Ended Real Estate Investment Fund
Target
Second phase of H2Offices
Skanska has divested the second phase of its H2Offices complex in Budapest, Hungary, for EUR 98 million. The buyer of this office complex is ERSTE Open-Ended Real Estate Investment Fund.
✦ Meridian Analysis
This transaction involves Skanska selling a significant real estate asset in Budapest to ERSTE Open-Ended Real Estate Investment Fund. It represents a notable M&A deal in the European real estate sector, specifically within the office market.
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