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The Évgyűrűk private pension Fund has said it bought an office building on Üllői út, one of Budapest's main traffic arteries, for net HUF 3.8 billion from BIF.
All of the building's 9,300 square meters of space are leased out under long-term contracts, making it a low-risk property, the pension fund said.
With the transaction, the proportion of real estate in Évgyűrűk's HUF 87 billion investment portfolio has risen to 10%. (MTI – Econews)