MBH Bank, Hungary's second-biggest commercial lender, on Tuesday announced the acquisition of a controlling stake in real estate broker Otthon Centrum from a unit of Biggeorge Holding.
MBH Bank agreed to acquire an 80% stake in the broker and expects to acquire the remaining 20% stake in 2028, if certain conditions are met. The deal is expected to close, after regulatory approval, in the first quarter of 2026. The transaction does not affect Otthon Centrum's Polish business.
Otthon Centrum has over 200 offices around the country, along with 1,400 brokers and 500 financial advisors.
MBH Bank said the transaction "completes" its "home financing ecosystem", following the earlier acquisition of home savings bank Fundamenta Lakáskassza.
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