A proven performer with a strong tenant retention rate; a long-term defensive asset position on the prime intersection of the Váci Corridor.
Object
Title Number
Tenure
Year of Construction
Gross Lettable Area
Off ice GLA
Retail GLA
Storage GLA
Parking Spaces
Aboveground Floors
Underground Floors
Capital Square
25685/2
Freehold
2009
34,028 sqm
30,266 sqm
2,271 sqm
1,491 sqm
608
9
6
Occupancy
WAULT to End
WAULT to BO
GRI in Place p.a. – ca.
WAR Off ice in Place
WAR Retail in Place
WAR Storage in Place
WAR Parking in Place
ERV Potential p.a. – ca.**
Service Charge – ca.
81.9%
3.4 yrs
3.0 yrs
€6.18mln
€16.9 psqm
€19.8 psqm
€9.2 psqm
€112.8 psqm
€7.1mln
2,489 HUF / €6.55 psqm
* Based on in-place lease agreements as of April 2024.
** Based on assumed full occupancy at market ERV.
TIM
O’SULLIVAN
Senior Director,
Head of Investment Properties,
Hungary
+36 30 534 17 44
tim.osullivan@cbre.com
CHRISTOFER
PEHRSSON
Associate Director
Investment Properties,
Hungary
+36 30 732 46 26
christofer.pehrsson@cbre.com