With the representation of Diófa Fund Management, Hungarian local open-ended fund Magyar Posta Real Estate Investment Fund signed an agreement on the acquisition of ten strip mall type of retail centers, according to a press release.
The Competition Office of Hungary (GVH) gave the go-ahead for the purchase of four new real estate properties by the National Bank of Hungary’s (MNB) controversial Pallas Athéné foundations (PADA), according to an update on the PADA website yesterday, Hungarian News Agency MTI reported.
Diófa Fund Management purchased Europark shopping center in Budapest from Unibail Rodamco, following a year-long cooperation, according to a press release issued today. Diófa Fund Management was legally represented during the negotiations by Jalsovszky Law Firm.
Real estate developer GTC will, in the coming weeks, launch a 21,500 sqm office building investment, referred to as White House, on Budapest’s Váci út, GTC Commercial Director Bori Gedai announced at a press conference.
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