Futureal Group Secures €60M Construction Loan From Erste Bank For Budapest Office Property

Budapest, Balatoni út 2, 1112 Hungary

Office

64,583 SF

Financed 1 year ago

Summary

Loan

MASSACHUSETTS

Office

64,583 sqft

The property involved in this closed transaction is an office space located at Balatoni út 2, Budapest, Hungary. The asset spans a total area of 64,583 square feet. The transaction took place in Budapest's real estate market.

Summary of transaction details:

Property Type: Office
Transaction Amount: €60,000,000
Loan Type: Construction
Lender: Erste Bank - Tamas Deak
Landlord: Futureal Group - Tibor Tatar

Key individuals involved in this deal include Tamas Deak, representing the lender Erste Bank, and Tibor Tatar, representing the landlord Futureal Group.

Details

Deal Summary

FINANCED

IMAGE: Tibor Tatar DATE: 09/11/2021 ADDRESS: Budapest, Balatoni út 2, 1112 Hungary MARKET: Budapest, Hungary ASSET TYPE: Office ~ SF: 64,583 LENDER: Erste Bank - Tamas Deak LANDLORD: Futureal Group - Tibor Tatar LOAN AMOUNT: €60,000,000 LOAN TYPE: Construction

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AddressBudapest, Balatoni út 2, 1112 Hungary

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