UK firm acquires Hungarian portfolio for EUR 82.5 mln

Dawnay, Day Carpathian has acquired a portfolio of 23 Interfruct properties in Hungary in a sale-and-lease-back deal for EUR 82.5 mln. The 23 cash and carry stores are located in Budapest and other major Hungarian cities and have a total gross lettable space of 105,000 m[sup]2[/sup]. The stores are let on new 15-year leases to Interfruct, Hungary's largest cash and carry retailer, at an average rent of EUR 5 per square metre per month.

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