European Residential Investment Vagyonkezelo Kft entered into a share sale and purchase agreement to acquire 20.6% stake in Argo Properties N.V from Futureal Holding B.V. for €34.4 million on March 25, 2020. Under the terms of the acqusition, European Residential Investment Vagyonkezelo willa acquire 2.5 million shares in Argo Properties. European Residential Investment Vagyonkezelo Kft completed the acquisition of 20.6% stake in Argo Properties N.V from Futureal Holding B.V. during period ended June 30, 2020.