Atenor : 2017.02.01 - ATENOR sells building A of Vaci Greens (Budapest)

Press release

A T E N O R S E L L S B U I L D I N G A O F V Á C I G R E E N S (BU D A P E S T )

La Hulpe, 1 February 2017

ATENOR today announces the sale of building A of VÁCI GREENS to a group of private Hungarian investors. This building is the first of the three buildings built by ATENOR in the VÁCI GREENS complex in Budapest. Building A, finished in September 2013, contains 15,700 m² of office space, 88% leased to various tenants of repute (GENERAL ELECTRIC, SYKES, ENTERPRISE, BNP Paribas Real Estate, Budapest Bank).

The whole of the VÁCI GREENS complex, started in 2008 by ATENOR, includes six Class A office buildings with a total surface area of over 120,000 m². The complex, ideally located in the heart of the highly dynamic VÁCI CORRIDOR business district has obtained the "BREEAM Excellent" environmental certificate; it attracts tenants of repute including GENERAL ELECTRIC who chose VÁCI GREENS as the location of its European Global Operations Center.

The sale of building A will have a positive impact on ATENOR's results in 2017.

We remind you that building C was sold in December 2016 to the Czech investment fund ZPF Investment.

Váci Greens A, Vaci út 117-119 in Budapest, Hungary

For further information, please contact Stéphan Sonneville SA, Chief Executive Officer or Strat UP sprl (represented by Laurent Collier), Executive Officer

 +32-2-387.22.99 -  +32-2-387.23.16 - email: [e-mail] - www.atenor.be

ATENOR is a real estate development company quoted on Euronext Brussels. Its mission aims at providing, through its urban planning and architectural approach, appropriate responses to the new requirements imposed by the development of urban and professional life. Within this framework, ATENOR is investing in large scale property projects meeting strict criteria in terms of location, economic efficiency and respect for the environment.

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