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8th June, 2018

Auchan completes first housing project

Supermarket chain Auchan has completed its first housing project, the Boróka Park, consisting of 59 homes in Kecskemét, the French-owned company announced on Thursday.

The property developer subsidiary of Auchan earlier changed its name from Immochan to Ceetrus.

The new strategy of city development rather than constructing hypermarkets was also launched in 12 other countries.

In Boróka Park 85% of the homes have already been sold.

Sources regularly consulted, with abbreviations used in text: Népszabadság (N); Magyar Hírlap (MH); Világgazdaság (VG); Napi Gazdaság (NG); Magyar Nemzet (MN); Népszava (Nsz); Kossuth Rádió news (KR); nightly TV news (TV).

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