Warimpex sells office building in Budapest (HU)

The sale of the Pauler office building in Budapest, Hungary, by Warimpex Finanz und Beteiligungs AG to an international private investor was closed on December 11, 2008. The selling price was above the fair value that was last appraised in June 2008 by the international independent estate appraiser CB Richard Ellis (CBRE). "This deal shows, that even in these hard times on the financial markets, it is possible to set up good transactions