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Army sells real estate

The Defense Ministry will continue selling superfluous military real estate in 2005, 57 buildings this year, daily Napi Gazdaság reported. The 40 real estates valuated so far are Ft 8-9 billion worth, the remaining 17 will also add up to billions of Forints. The ministry will announce a tender for real estate sales and it has been selling further 640 real estates in various buildings. The ministry plans a net revenue of Ft 363 million from flat sales. The net revenue from flat sales reached Ft 446 million last year.