• ERSTE Real Estate Fund Acquires Promenade Gardens

    ERSTE Real Estate Fund Acquires Promenade Gardens

    • 6 Aug 2018 7:05 AM

    Promenade Gardens, the recently completed office building located on the prized Váci Corridor, changed hands on Wednesday (August 1), when ERSTE Real Estate Fund purchased the 97% leased property from the developer, Budapest-based Horizon Development.

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  • Hungarian House Prices Increase Further In Q1

    Hungarian House Prices Increase Further In Q1

    • 2 Aug 2018 7:56 AM

    Hungarian residential property prices rose by an average of 5.4% in nominal terms in 2018 Q1 compared to the previous quarter. This is a significant increase compared with the rate of price growth in the final quarter of 2017, the National Bank of Hungary (MNB) reported.

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  • Housing Market Expands In 2017

    Housing Market Expands In 2017

    • 28 Jul 2018 6:44 AM

    New home prices in Hungary climbed 12.2% year-on-year in the first quarter and were up 4% from the previous quarter, according to a market survey by the Central Statistics Office.

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