Real Estate Fund
- The main pillars of Raiffeisen Immobilien KAG
- The Portfolio
- France, Tour 64
- France, Le Magellan
- France, Coupôle
- France, Jeûneurs
- Netherlands, De Admiraal I
- Netherlands, De Admiraal II
- Netherlands, Landmark Podium
- Germany, LC 2
- Germany, Bingen
- Germany, Enningerloh
- Germany, Wiesbaden
- Germany, Erfurt
- Germany, Terrano
- Germany, Moosach
- Poland, Modularna
- Polen, Gate 1 Business Park
- Hungary, Tesco
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- Contact
Hungary, Tesco
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Address
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1037 Budapest, Bécsi út 258, Hungary
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Property type
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Retail
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Size
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Roughly 12,300 m² of rentable floor-space, 461 parking spaces
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Construction
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2008
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Letting ratio
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100% leased
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Purchase date
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2008
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The property is in a good retail location in Budapest's third district on the highly frequented Bécsi út, which leads out of the city to the north.
The retail facility is designed as a hypermarket (sale of foods, textiles and linen goods) and is open 24 hours a day. Some areas are sub-let to companies with complementary product ranges. The hypermarket is the local shopping centre for the surrounding residents and is easily accessible by public transport and by car. There are 461 outdoor and underground parking places available for shoppers.
The hypermarket is run by the renowned international retailer Tesco from the UK on a long-term lease. The transaction was for the purchase of a building site.