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MCAP Global Finance makes first CEE purchase

Rafał Ostrowski 10 January 2018

Rafał Ostrowski


+48 22 356 25 11

Rafał Ostrowski has over 17 years’ experience as a journalist. Before joining ‘Eurobuild CEE’ five years ago, he wrote for Wydawnictwo Murator and Shopping Centre Magazine, as well as for retailnet.pl. He has also written for many newspapers and magazines as a freelancer and prepared photo-reportages. Rafał graduated from the University of Warsaw in philosophy. He also completed postgraduate studies in text editing. For ‘Eurobuild CEE’ he covers most real estate sectors, including logistics, construction, office, residential and retail. He is also in charge of the film direction for Eurobuild TV.

MCAP Global Finance makes first CEE purchase
The centre offers 28,300 sqm of ‘A’ class office space

HUNGARY MCAP Global Finance has acquired the Népliget Center office building on Könyves Kálmán street in Budapest on behalf of its funds and managed accounts.

The centre neighbouring the Népliget metro station offers 28,300 sqm of ‘A’ class office space and a car park with 450 spaces. The tenants include Ericsson, DHL, Philips, and the Hungarian National Railway.

This is the first purchase in the CEE region by MCAP Global Finance, which is a London based subsidiary of the New York-based global investment manager Marathon Asset Management. “This is an excellent asset with good property fundamentals including exceptional access to Budapest’s public transportation network. As part of our business plan we aim to optimise the building and have identified opportunities to further enhance our current and future high-quality tenant occupation”, commented Klaus Schmid, director at MCAP Global Finance. The buyer was advised by Lodge & Partners, which will oversee the local asset management of the building.

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