Nestlé to sell prime property in Budapest
Nestlé has decided to sell a 2,500-square-meter property in Budapest with a panoramic view of the Buda Castle, the Chain Bridge and the Pest skyline.
The building would have to be renovated if it is to become A-category office space, or it could be converted into homes or a hotel, the website of business daily Napi Gazdaság reported on Wednesday.
The nearby 175-room Novotel Danube was converted from an office building at a cost of Ft 4.5 billion in 2006. (MTI – Econews)
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