Five-Star Budapest Hotel Sofitel To Change Hands
19 Nov 2019US-Hungarian investment management and property developer the Indotek Group has acquired five-star luxury hotel Sofitel for €100 million, HVG reports. More >>
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Telekom HQ Earns Hungarian Property Development Award
- 18 Nov 2019 8:21 AM
Telekom Headquarters, developed by Wing, was awarded the “Best Office Building” title at the prestigious 21st Hungarian Property Development Awards of Excellence competition, according to a press release.
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House Prices Continue To Rise By More Than 20% Annually In Budapest
- 8 Nov 2019 7:38 AM
According to the latest MNB house price index data, at 22.5 per cent in annual terms, hose prices grew slightly more slowly in Budapest in the period between 2018 Q2 and 2019 Q2 than the annual growth rates recorded in previous quarters.
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Budapest Real Estate Prices At HUF 1 Million/Sqm In 19 Areas
- 7 Nov 2019 7:02 AM
There are 19 areas in Budapest where real estate prices amounted to an average of HUF 1 million per sqm in 2018, news site magyarnemzet.hu reports.
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No New Construction Can Begin In Budapest City Park
- 6 Nov 2019 7:20 AM
Budapest city council yesterday approved with a 17-2 vote a resolution declaring that no more construction work can begin in the City Park.
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Expats Have Significant Presence On Budapest Property Market
- 4 Nov 2019 8:16 AM
Foreigners account for 12% of turnover on the Budapest real estate market, and as much as 25% in some districts, according to a report by OTP Ingatlanpont.
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House Of Hungarian Music Wins Best Public Building Award
- 28 Oct 2019 7:40 AM
The House of Hungarian Music, planned to be built as part of the Liget Budapest Project in the City Park, has won the award for best public building in Europe at the International Property Awards.
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