Heitman Acquires CEE Properties
1 Heitman, on behalf of Heitman European Property Partners IV (HEPP IV), has acquired two class A office buildings in Budapest. The assets were sold by Aviva Investors. The transaction comprises Alkotas Point, totalling 25,000 square metres, and Science Park, totalling 30,000 square metres. In Bratislava, HEPP IV recently acquired Aupark Tower, a 32,500-square-metre class A office tower. The seller was HB Reavis Group. HEPP IV is a value-added fund launched in 2008. It has €505 million in equity and is approximately 60 percent committed.