Hungarian developer SCD Group has bought a 12.6-hectare site in Buda, the prime residential district of Budapest, for HUF 6.85 bn (EUR 25 mln). The acquisition was financed by MKB Bank, the Hungarian subsidiary of Bayerische Landesbank.
Hungarian developer SCD Group has bought a 12.6-hectare site in Buda, the prime residential district of Budapest, for HUF 6.85 bn (EUR 25 mln). The acquisition was financed by MKB Bank, the Hungarian subsidiary of Bayerische Landesbank.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.