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OBI Store

The property is located on the outskirts of central Budapest in the 14th district on Fogarasi út and Rona utca. With the longevity of its 15 year lease, retailer OBI DIY will be a community fixture for sometime. Because of its proximity to the landmark Árkád Shopping Centre, with established retailers IKEA and Tesco, there are well over 300 parking spaces available.

The main retail space of the store provides 2 floors with 8 000 m2 of shopping. Immediately adjacent to the main building is the fantastic garden centre which provides an additional 2 400 m2 of both covered and uncovered space. The north east section of the property is for the delivery area, storage area and office facilities.

The property was completed in November 2006.

Information   
Company  Endurance Fund
City  Budapest
Region  Hungary
Project type  Commercial
Address Fogarasi út 28-54, H-1148 Budapest
Completion November 2006
Rentable area 12 805 m2
Acquisition date December 2006
Valuation* 16,6 million EUR
Occupancy** 100%


  * as of 31st March 2008
** as of 30th June 2008