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.