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Budapest assembly votes to sell 'Balna' complex
March 27th, 2019
The Budapest Assembly voted on Wednesday to sell the Balna Budapest Commercial and Cultural Centre to the state. The sale was approved with 18 votes in favour and 9 votes against. The meeting approved the initial offer made by The Hungarian National Asset Management Company (MNV) on Feb. 28 to purchase the building for 11.2 billion forints (EUR 35.4bn). Balna Budapest, 13,000 square-meter complex by the River Danube that resembles a whale, was opened in late 2013.
MTI