Eston International conveyed retail units for two international retail chains on downtown boulevard

Eston International successfully contributed to two lease transactions not long ago: German drugstore chain Schlecker and Russian-owned Rosinter Restaurants lease new retail units downtown on the main boulevard

Market-leader Schlecker drugstore chain who is present in 13 countries leased its freshest Budapest retail unit with the help of Eston consultants. The larger-than-average (1000 sqm) retail unit is located on Margit körút which is becoming more and more popular nowadays. The unit was previously leased by Schlecker’s competitor, Rossmann.

Eston found another popular location for the Russian-owned Rosinter Restaurants’ new opening on the boulevard: its 400 sqm large Il Patio restaurant will shortly open on József körút, opposite to Corvin-köz. Rosinter operates more than 200 restaurants worldwide.

Eston International represented the owner in both transactions.

“International retail chains still very much favour downtown locations for their retail units in Budapestâ€? – Adorján Salamon, CEO of Eston International says. However, central “prestige-zonesâ€? expand towards New Váci utca, Deák tér, Kiskörút and Andrássy út, it is still Old Váci utca and a few alleys nearby that are most demanded. Eston International successfully contributed to several retail transactions – Mr Salamon pointed out – including portfolio management and acquisitions serving banks, restaurant-chains, pharmacies and other retail chains, for whom Eston consultants can offer various well-located retail options with optimal size.