Details
Services: Technical due diligence, ESG compliance review, review of compliance with sustainability criteria according to BREEAM
Asset class: Office and retail
Period of performance: III. quarter 2023
Location: Budapest
Client: on behalf of KVL International GmbH
The Népliget Centre is a core+ office and retail complex in Budapest, consisting of three buildings, nine storeys and approx. 28,500 m² of rental space. The property was built in individual construction phases between 2010 and 2013.
In the third quarter of 2023, a technical due diligence was carried out by the REELAB valuation team on behalf of KVL International GmbH.
The review was carried out with regard to the property qualities, location, compliance with rental obligations and the technical substance of the individual properties.
A particular task was the identification of possible purchase contract risks and the verification of compliance with the sustainability criteria according to BREEAM and the ESG criteria.
ADRESS:
Rosenstraße 2
10178 Berlin