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OTTHON CENTRUM OFFICE

Location: 1036 Budapest, Lajos utca 93-99.

TENANT: OTTHON CENTRUM

Since its foundation in 2000, Otthon Centrum has become one of the leading agencies of the Hungarian residential real estate market, and it is maintaining this position ever since. The success, and high standard of its activities is not only confirmed by the several ten thousands of satisfied clients served throughout the years, or the largest portfolio on the real estate market, but also by numerous professional acknowledgements. Otthon Centrum’s nationwide network has received the title of “The best real estate agent of the year” awarded by The Hungarian Real Estate Association eight times, as well as the award of “Innovation in real estate brokerage”, and are proud owners of “Franchise network of the year” title. Otthon Centrum received the “Superbrands” title for the sixth year running and the “MagyarBrands” title from 2010 each year. The property is located in district 3. An area of the BUDA side with a very special business-residential combination. The unit serves as the headquarter of the buda-side franchise partner. With its 6m inner height it is a very representative offi ce/retail unit.

KSP

(KEY SELLING POINTS)

  • EURO based rental fee
  • LOFT retail unit
  • Business area combined with day-to-day shopping area in the middle of a residential block
  • High alternative usage options
  • 2 parking units included
  • Various facilities located in the building (SPA, swimming pool, grocery store, cleaning services)
  • Tenant is the largest residential agency in Hungary, with very stable financial background
  • The tenant is not a franchise partner but the central office.

DESCRIPTION

The property is located on the fourth fl oor of the Sun Palace project building. The property boasts an
exclusive LOFT layout, with 3,6 meter fl oor-to-ceiling height for offi ces and an its own covered terrace.
Tenant pays rent in Euros directly to lessor’s Euro account.

THE PROPERTY IN NUMBERS
Property type Loft retail unit
Total net floor area 168 m2
Start of lease 2008. 06. 01.
Duration 10 years (first expiry 2018.09.30)
Download the project brochure in pdf
GESTOR Real Estates is an investment group focusing on real estate investments.
The group was founded in 1990 and is now focused on property investment in Hungary, Spain and Portugal.