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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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There has been a shortage of plots on the real estate market, and the constantly shrinking supply has had a serious effect on prices, says economic daily Világgazdaság.
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A huge and “ugly” five-storey hotel will be erected at the corner of Király and Kazinczy streets in Budapest’s Seventh District after the site of the former pub of world champion canoer Tamás Wichmann, nearby historic buildings on Király utca and a playground are demolished, city history blog Falanszter learned.
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Home sales in Hungary came to 10,354 in December, up 2% from the same month a year earlier but falling 9% from November, real estate broker Duna House said yesterday, according to telex.hu.
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The government will contribute Ft 841.5 million to help establish a campus in Hungary for China’s Fudan University, the university’s first campus outside of China.
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The MNB’s Pallas Athene Domus Meriti Foundation has received the green light for the purchase of the state-owned Burg Hotel located in the Castle District, according to a government decree dated December 29.
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