In the third quarter of 2025, ESTON’s Capital Markets division further strengthened its presence in the Hungarian investment market. By successfully closing two major office transactions, the team demonstrated its professional expertise, market insight, and its ability to manage complex deals in a structured, transparent, and client-focused manner. The sale of Bartók Ház and the former headquarters of Budapesti Elektromos Művek (ELMŰ) showcases the multifaceted competence ESTON provides to both domestic and international investors and property owners.

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Bartók Ház – 17,700 sqm Iconic Office Building in District XI Acquired by a New Owner

The sale of Bartók Ház represents another remarkable achievement. Located in one of District XI’s most prominent areas, the 17,700 sqm office building has long been a defining asset of the Budapest office market. Its excellent visibility, strong accessibility, and robust tenant mix ensure that the property remains highly attractive for investors. In this transaction, ESTON represented the seller.
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Former Headquarters of Budapesti Elektromos Művek (ELMŰ) – 22,600 sqm Listed Landmark Building Reinvented for New Functions

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The second major Q3 transaction was the sale of the former ELMŰ headquarters on Váci Road. The more than 130-year-old, protected heritage building—distinguished by its unique architectural character and substantial size of 22,600 sqm—presented both a rare opportunity and a significant professional challenge. ESTON provided full advisory services from preparation through to closing, supporting the transformation of this iconic property into a multi-purpose urban hub combining educational and office functions.
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These completed transactions further expand the market reach of ESTON Capital Markets, reinforce its deep experience in managing large-scale and complex mandates, and support the strategic approach that positions the company as one of the leading advisors in the Hungarian real estate investment market.

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