Address 16 New Burlington Place London W1S 2HX
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Margit Palace

Key Facts
Location Budapest, Hungary
Size 193,987 sq ft Use Commercial
Date Aquired 2022
Fund Fund 5
Status Unrealised

Prime multi-let property, Margit Palace, centrally located on the edge of Budapest CBD. Constructed in 2004, recently refurbished in 2017, offering 193,987 sq ft leasable space, including 173,923 sq ft of offices, 9,590 sq ft of retail, 10,451 sq ft of storage and 239 parking spaces. Flexible office space design, featuring Grade A modern offices with suspended ceilings and raised floors. Individual building sections have their own heating, cooling and ventilation systems, centrally and remotely regulated. Boasts average clear ceiling heights of 3 m, providing versatile office configurations.

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