PropertyEU

Philip Morris buys into Hungarian business park

By A staff reporter 2007-12-19T00:00:00

Philip Morris's Hungarian subsidiary, Philip Morris Hungary, has concluded the acquisition of a 7,000 m[sup]2[/sup] facility in the East Gate business park in Budapest for an undisclosed amount. The built-to-suit facility, developed by Wallis Real Estate, will be handed over to the cigarette manufacturer at end-2008. Global real estate consultant ...

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