OTP Real Estate Fund Management told the board of Appeninn Holding Monday that OTP Real Estate Fund purchased a further 400,000 Appeninn shares through stock exchange transactions, increasing its holding in the company to 5.92%, national news agency MTI reported.

Appeninn said the transaction reduced the stake of Konzum to 21.18%, and that of the Konzum group to 46.46%.

Konzumʼs PR agent said in a press statement that as a result of already announced property transactions, Konzumʼs stake in Appeninn will again exceed 50% in the near future.