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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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The number of vacant commercial properties in Budapest increased in the second half of the year, with many permanent closures — mainly restaurants or entertainment venues — due to the pandemic, business daily Világgazdaság said.
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Output of Hungary’s construction sector plunged by an annual 16.2% in October, after declining by 14.7% in the previous month, the Central Statistical Office (KSH) said.
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The reconstruction of Párisi Udvar Hotel Budapest won the award for the best Hungarian Real Estate Development Project, also triumphing in the "Hotel" and "Heritage Protection" categories, according to a press release.
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