Executing the Sale of RoseVille Office Building in Budapest
A high-quality new office development, sold in under three months in a highly selective investment market
Atenor completed RoseVille, a newly developed 15,500 sq m office building in Budapest, offering high-quality office space, strong technical specifications and excellent ESG credentials. With the building already attracting occupiers and offering further leasing potential, iO Partners was appointed as exclusive sell-side advisor to position the asset to the investment market. By combining a targeted sales strategy with its international investor network, iO Partners identified and introduced a new market entrant to Hungary and successfully closed the transaction in less than three months.
A NEW-GENERATION OFFICE ASSET ENTERING A SELECTIVE INVESTMENT MARKET
Roseville represented a compelling investment opportunity: a newly completed, modern office building developed by Atenor, with strong ESG credentials, high-quality technical specifications and further potential through the leasing of the remaining vacant areas.
The transaction was launched at a time when investment activity in Budapest was exceptionally limited and investors had become increasingly selective. The opportunity therefore required a focused approach capable of showcasing the quality and long-term potential of the asset while reaching beyond the traditional pool of active Hungarian office investors.
WHEN THE MARKET WON’T COME TO YOU, FIND THE MARKET ELSEWHERE.
- Positioned Roseville as a future-proof, ESG-compliant office asset, highlighting its strong technical credentials, modern specifications and long-term value creation potential.
- Developed a targeted investor strategy, focusing on buyers capable of recognising the opportunity offered by a newly completed institutional-quality asset.
- Leveraged iO Partners’ international investor relationships to expand the buyer universe beyond the traditional pool of active Hungarian market participants.
- Identified and introduced a new market entrant to Hungary, bringing fresh capital to the Budapest office investment market.
- Structured and managed an accelerated sales process, advising Atenor throughout negotiations and closing to support an efficient and timely execution.
New Capital. New Buyer. Record Time.
- Transaction successfully closed in less than three months.
- RoseVille’s quality, ESG credentials and long-term potential provided the foundations for a compelling investment proposition.
- A new investor was introduced to the Hungarian market, bringing fresh capital into Budapest.
- The transaction became one of the most significant office deals of 2023, despite the highly selective investment environment.
"RoseVille combined the qualities investors increasingly look for in modern office assets: strong ESG credentials, high technical standards and long-term potential. By combining these fundamentals with our international investor reach, we were able to introduce new capital to Hungary and complete the transaction in less than three months."
Gabor Zeller • Head of Capital Markets
If you’re looking to unlock liquidity or attract fresh capital in a selective investment environment, contact iO Partners Capital Markets to explore how the right positioning and the right buyer network can make the difference.
Head of Capital Markets
