News Article Budapest CE Land Hungary investment land residential
by Property Forum | Investment

Bayer Property has bought an 11,000 sqm plot for residential development in Budapest’s District 10 from the GEOS Group.

CE Land, as a contracted partner of VISUM Capital and GEOS Group Hungary, has successfully sold the residential development area in Zágrábi utca in District 10.

The 11,000 sqm plot was sold to Bayer Property, which will develop a residential park on it. The deal was closed in the summer. Securing the required permits and drafting the plans are underway.