The Fund has purchased the real estate registered by the Budapest Government Office for the 14th District under title numbers 34145/2 and 34146/2 in the urban area of Budapest 7th District, located at Budapest 7th District Dob utca 34–36, classified as an undeveloped area on non-agricultural land, with a total floor area of 2,153 m2 (“the Real Estate”), and intends to use the Real Estate to carry out a proprietary investment for the construction of 125 apartments, 4 shops, 37 storage units and 75 subterranean parking spaces by the name of “Elisabeth Residence” (“the Project”). The parcels registered under two distinct title numbers have been combined.
| Project | Title No. | Address | Type |
|---|---|---|---|
| Elisabeth Residence | 34145/2 | 1072 Budapest, 7th District, Dob utca 36. | Lot |