"Appeninn Holding has purchased a historic 3,720 sqm. building at Mérleg u. 4 in Budapest’s Fifth District, the property manager announced. The office building designed by József Hild was erected in 1848. Current occupancy is 90%. Appeninn, which specialises in B-category office buildings, is planning further acquisitions in the second quarter. “Our goal is to double total assets,” said president Gábor Székely."