The Fund intends to purchase the property registered in the Budapest Capital Government Office Land Registry Department District XIV Circuit Office under the lot number 13th District urban area 25862, classified as uncultivated unbuilt area, located at Budapest, 13th District, Dagály utca 5, with a total floorspace of 2,450 m2 (hereinafter the Property).
The Fund intends to build on this land, under the name of Dagály Residence, 131 apartments, 5 retail Shares, 3 offices, 25 storage Shares, and 154 parking spaces (hereinafter and before as the Project), as its own investment.