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A state company took back the capital airport from private investors

Hungary is again the owner of the airport in Budapest

Jun 12, 2024 20:37 448

A state company took back the capital airport from private investors  - 1

АvіАllіаnсе – owned by the Canadian Pension Investment Fund, no longer owns Budapest Airport. The airport has again been transferred to the state and will be managed by it and the French investor Vіnсі Аіrrortѕ. The state gets 80% of the airport, and the French company – 20%.

The deal is worth EUR 3.1 billion. To the sum must be added already granted loans worth EUR 1.44 billion, and thus the price of the transaction increases to EUR 4.54 billion.

You can see detailed statistics on average property prices in Bulgaria by cities and neighborhoods HERE