Futureal has signed a credit agreement for the construction of a shopping mall

The Futureal Group has signed a credit agreement in a value of 150 million euros (about 48 billion HUF), with the consortium of UniCredit and Erste and the two banking groups offer loans with a 10-year maturity term for the development of the Etele Plaza in Budapest – MTI informed real estate developer.

The source for the design is: .futurealgroup.com

According to the announcement, the group’s newest commercial project is the third largest shopping and entertainment center in the capital, with a rentable area of 55,000 square meters, and the largest shopping mall in the Buda side.

Construction is already underway in the immediate vicinity of Etele square, at the meeting point of the Kelenföldi railway station, the metro line 4 and the M1-M7 motorway. (MTI)