K and H to set up real estate investment fund in Hungary

K+H Altalanos Befektetesi Alapkezelo will set up an open-ended real estate investment fund by issuing at least 200m investment units of K+H Â'Ingatlanpiaci Befektetesi JegyÂ', with nominal value of HUF 1 each, the company announced.

The issue will be cancelled if it is not fully subscribed and unlimited oversubscription will be accepted. Investment units are circulated as dematerialized securities.

(source: Hungarian News Agency)

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