Orco Property Group has sold its historic head office in Budapest to Stena Realty for an undisclosed price. The Andrassy 70 office building is located on Andrassy Avenue. Dating back to 1880, the property was originally constructed as a private mansion but was converted and extensively refurbished to Class-A offices more recently.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
