PIÓ 21 Kft made an offer to acquire the remaining 70.19% stake in Budapesti Ingatlan Hasznosítási és Fejlesztési Nyrt. (BUSE:BIF) for HUF 10.9 billion on May 26, 2017. Under the terms of the transaction, PIÓ will make a public tender offer wherein it will acquire each share at HUF 600.04. The offer period is between May 29, 2017 and June 28, 2017. The transaction has been approved by the National Bank of Hungary.