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Electronics Production | March 03, 2005

Hungarian cable plant transformed to shopping center

The real estate assets of disfunct cable manufacturer Magyar K谩belm没vek Rt, in Hungary, have been acquired by an Israeli real estate developer, and Hungarian Saj贸 Investment Rt.
The assets were sold for EUR 16 million, L谩szl贸 Kemenes of Pirelli鈥檚 real estate agency CB Richard Ellis told BBJ Online. Saj贸 is planning to realize a Ft 30 billion residential real estate project on the property it has acquired, while Sybil Holding will reconstruct the 1,600 manufacturing hall and convert it into a shopping center.
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December 13 2018 1:08 pm V11.10.14-1