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11th February, 2020

MNV to sell state properties

National asset manager MNV will sell high-value state properties on online auctions beginning February 11, it announced on Monday.

The state will sell its 20-hectare Lake Balaton resort in Balatonöszöd and holiday complexes in Szántód and Siófok, also on Lake Balaton.

In Budapest, the former headquarters of state railway company MÁV, on the corner of Andrássy and Izabella utca in the Sixth District, is also for sale. At its previous auction, the MNV failed to sell the historic building for the target price of Ft 8 billion, Portfolio added.

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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