AutoWallis Plc. (registered seat: 1055 Budapest, Honvéd utca 20.; hereinafter: Company) based on its publishing obligation according to 55-56 §§ of Act CXX of 2001 on the Capital Market and the PM Decree No. 28/2008. (VIII. 15.) hereby informs market actors of the below details.

On 23 August 2021, AW Property Korlátolt Felelősségű Társaság, which is 100% owned by the Company, signed a sale and purchase contract as a purchaser with First-Immo Hungary Kft. (registered seat: 1117 Budapest, Gábor Dénes u. 2., Infopark D épület), a company belonging to the STRABAG Group, as a seller in relation to the property located at the junction of Szerémi út and Építész utca (lot number: 43626/4) in the XI. district of Budapest. The seller has not consented to the disclosing of the purchase price.

According to the Company’s plans, a multi-brand vehicle sales and service center would be built on the property. The project expected to be completed in 2025.

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