• Kőbánya Station Revamp Delayed

    Kőbánya Station Revamp Delayed

    • 12 Jun 2018 11:54 AM

    State railway company MÁV has announced a new tender for the renovation of Kőbánya-Kispest railway station in Budapest, it told HVG on June 8.

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  • Celanese Moves To Promenade Gardens, Citibank To Follow

    Celanese Moves To Promenade Gardens, Citibank To Follow

    • 12 Jun 2018 9:07 AM

    Celanese Corporation has become the first tenant of the Erste Open-Ended Real Estate Fund’s recently completed Promenade Gardens office building, with Citibank Europe due to set up its 8,000 sqm office in the building, developed by Horizon Development, from December 1.

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  • Homes Below HUF 15 Million Increasingly Rare In Budapest

    Homes Below HUF 15 Million Increasingly Rare In Budapest

    • 1 Jun 2018 10:36 AM

    This year so far 1,300 properties have been sold at below HUF 15 million through the network of residential real estate trading and advisory firm Otthon Centrum (OC). Very few of these were sold in Budapest, the majority being located outside the capital city.

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  • Resale Home Market Slowing In Budapest

    Resale Home Market Slowing In Budapest

    • 28 May 2018 9:33 AM

    The real estate market outside Budapest continues to grow. This year homes put up for sale increased by 5% in major cities, while in Budapest owners are advertising 8% fewer. This indicates that potential buyers prefer new homes, index.hu portal says.

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