Leasing gives loans a run for their money
This June, Bank Austria led a public private partnership project in Hungary for the construction and operation of a new 800-inmate prison for €34 million.
The deal, a full operational lease, is one of several PPP projects in Hungary that have been structured as leases. Bank Austria and Immorent have both been active in a number of PPP operational leases involving student halls and universities in Hungary.
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