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Article: PRESS: Hungarian state railways MAV to set up HUF 15 bln property fund.
- Article from:
- Hungary Business News
- Article date:
- February 28, 2008
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PRESS: Hungarian state railways MAV to set up HUF 15 bln property fund
BUDAPEST. FEBRUARY 28. INTERFAX CENTRAL EUROPE - Hungarian state railways MAV is setting up a property fund comprising 12 of the company's most valuable office properties around the country, worth a total HUF 15 bln, the daily Nepszabadsag reported on Thursday.
Some HUF 7.5 bln worth of the new fund will be open for subscription to institutional investors and financial institutions during the first half of March.
Many of the properties - which ...