• New Home Shortage Expected From 2021

    New Home Shortage Expected From 2021

    • 10 Jul 2018 9:25 AM

    Takarék Mortgage Bank, previously known as FHB Mortgage Bank, expects home prices to continue rising this year, but the pace should decelerate. Meanwhile, the government does not plan to extend the preferential 5% VAT rate for new homes.

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  • Budapest’s First Skyscraper Granted Permit

    Budapest’s First Skyscraper Granted Permit

    • 29 Jun 2018 9:06 AM

    International office developer GTC Hungary has received the building permit for its new project, The Twist – Budapest City Tower. Rising over 23 floors, The Twist will be one of Budapest’s tallest office skyscrapers with 37,000 square meters of leasable offices.

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