DLA Piper Advises OTP on Acquisition of Budapest Office Building from Futureal

DLA Piper Advises OTP on Acquisition of Budapest Office Building from Futureal

Hungary
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

DLA Piper has advised the OTP Prime Property Investment Fund on its acquisition of the Skypark office building in Budapest from the Futureal Group.

Skypark, which contains 25,171 square meters of gross leasable area and a 460-space parking garage, was completed at the end of 2016. 

OTP Prime Property Investment Fund — part of OTP Real Estate Investment Fund Management Ltd. — was launched in January 2017 to invest in categories A and A+ real estate. 

Image Source: property-forum.eu