Army sells real estate
Monday, March 21, 2005, 14:32
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.