FLE SICAV FIS (BDL : 038650033) managed by FLE GmbH acquired 14,200 sqm Vizivaros Office Center in Budapest from CA Immobilien Anlagen AG (WBAG:CAI) on May 3, 2023. Vizivaros Office Center had annualized gross rental income of around €2.5 million as at December 31, 2022. CBRE Hungary acted as exclusive financial and real estate advisor in the sale process. Cerha Hempel Hungary acted as legal advisor to CA Immobilien Anlagen.

FLE SICAV FIS (BDL : 038650033) managed by FLE GmbH completed the acquisition of 14,200 sqm Vizivaros Office Center in Budapest from CA Immobilien Anlagen AG (WBAG:CAI) on May 3, 2023.