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Output of the building segment increased by 32.7% and civil engineering output grew by 24.8%.
XpatLoop Media Partner
Real estate around the Rakosrendező train station in Budapest may only be sold to a buyer designated by the the United Arab Emirates, with the prior consent of the government, according to an intergovernmental economic cooperation agreement promulgated in 2024, the Hungarian National Asset Management Company (MNV) said.
Known as the largest modern shopping center in Central Europe when it opened, the Westend Shopping Center has reached its 25th Anniversary.
Demand on the Hungarian home market is "lively" and could increase further in 2025, although home purchases for investment will dominate, Sandor Winkler, a department head at the National Bank of Hungary (NBH), said presenting the central bank's latest report on the market.
The government will re-launch its home renovation subsidy programme "to ensure financial security and prosperity to families," the minister of culture and innovation told a press briefing.
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