Owner Ready To Sell Ballet Institute In Budapest
- 31 May 2013 9:00 AM
Banco Commercial Portugues is looking to sell the former Ballet Institute building on Andrássy út, according to reports. The bank’s Hungarian representatives, the law firm of Dessewfy és Dávid, held talks on Monday with Sixth District officials, who are helping in the search for a financially sound buyer who would renovate the building across from the Opera House as soon as possible.
The district’s Fidesz mayor Zsófia Hassay said four potential investors are interested, as she confirmed the report on the district’s website,
The move comes a month after Prime Minister Viktor Orbán told Budapest mayor István Tarlós “We want that building back” when told it was owned by foreigners.
Source: Hungary Around the Clock
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