A public park should be created on the brownfield site next to Budapest’s busy Nyugati railway station rather than the planned National Centre for Circus Arts (pictured on top), a lawmaker of the opposition Párbeszéd party said. More >>
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Hernádi Buys Qatari Sheikh’s Stake In Budapest’s Kopaszi Gát
- 12 Feb 2021 10:57 AM
MOL chairman and CEO Zsolt Hernádi has purchased the 26% stake in Kopaszi Gát – the property development project in the 11th District on the Danube riverside close to the future MOL tower – from Sheikh Hamad Bin-Jassim Bin-Jaber Al Thani, a former prime minister of Qatar, Telex reports.
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Hunguest Hotels Gets HUF 17.7 Billion To Upgrade 14 Locations In Hungary
- 11 Feb 2021 9:38 AM
Hunguest Hotels has launched upgrades at accommodation around the country supported by HUF 17.7 billion in grant money from the government's Kisfaludy tourism development program, business daily Világgazdaság said.
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New OMRRK Building In Budapest’s Liget Project Wins International Award
- 8 Feb 2021 9:46 AM
Budapest’s new National Conservation and Storage Centre (OMRRK) has fetched the International Property Awards 2020-21 gong for Best Public Service Development, the chief executive of the company in charge of the city’s large-scale Liget project said.
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Budapest Andrássy Út Palace To Be Renovated
- 26 Jan 2021 8:18 AM
AEW investment fund will start the renovation of the prestigious Krausz Palace at Andrássy út 12 in the summer, after obtaining heritage protection permits.
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Analysts See Stagnation On Hungarian Housing Market
- 21 Jan 2021 11:53 AM
Real estate market insiders do not expect prices to climb further on the housing market as a result of the government’s massive subsidy program for home purchases and renovations.
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Winner Announced In Tender To Renovate Chain Bridge, Finally!
- 19 Jan 2021 8:09 AM
This first permanent crossing between Buda and Pest has long needed repairing. Now it will finally start from late February, with the final handover expected in the autumn of 2023.
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