171 result(s) for bank in Property
Luxembourg Fund Gets MTV Building In Budapest
- 5 Aug 2013 9:00 AM
- property
Luxembourg-based Futura Funds Sicav is the new owner of the former MTV headquarters on downtown Szabadság tér, following the bankruptcy of the previous owner. Canadian company Tippin Corp. bought the building from the state in 2006, and leased it to state-run MTV until 2009.
Hungary's Gov’t May Mandate FX Mortgage Solution
- 5 Aug 2013 8:00 AM
- property
The government will present its own proposal on foreign-currency mortgages to Parliament if it does not reach an agreement with the banks in the autumn, Economy Minister Mihály Varga said yesterday. One day after meeting with bank leaders, he said on TV2 on Kossuth Radio and in an interview with Magyar Hírlap that a solution must enable the conversion of foreign-currency loans into forint-based ...
Hungarian Minister Talks With Advocacy Groups Re Foreign Currency Loans
- 1 Aug 2013 7:00 AM
- property
Minister for National Economy Mihály Varga met with representatives of the Civil Összefogás Fórum-Civil Összefogás Közhasznú Alapítvány (Civic Forum-Civic Union Public Benefit Foundation) earlier today in order to come to a compromise and a satisfying, solidarity-based solution with regard to the issue of foreign currency debtors in general and that of foreign currency mortgages in particular, ...
Report Of Mortgage Rescue Plan Revives Old Fears In Hungary
- 18 Jul 2013 9:00 AM
- property
OTP shares got hammered on Wednesday, falling 3.6%, on news that the government intends to provide further relief to foreign-currency mortgage debtors. Deputy prime minister Tibor Navracsics said in a Tuesday night interview that the government was examining the legal possibilities for amending such mortgage contracts.
Government Continues To Stand For The Protection Of Foreign Currency Debtors
- 1 Jul 2013 9:00 AM
- property
The European Commission notified Hungary already in December 2011 within an EU Pilot procedure which warns that the Government Decree stipulating that the monthly income of applicants of foreign currency loans shall exceed a sum equivalent of 15 times the amount of official minimum wage, and the income shall be received in the same currency in which the loan is denominated violates EU law.
Alkotás Point - The Award-winning Office Complex In Budapest
- 28 Jun 2013 1:00 AM
- property
The new owner of Alkotás Point invested a record sum of almost HUF 2.5 billion in a series of major development projects in 2012 and 2013. The Chicago-based Heitman Group, which purchased the award-winning office building through its property fund management company Heitman European Property Partners IV (HEPP IV) last January, forged ahead with the building’s reconstruction and the incorporation ...
Owner Ready To Sell Ballet Institute In Budapest
- 31 May 2013 9:00 AM
- property
Banco Commercial Portugues is looking to sell the former Ballet Institute building on Andrássy út, according to reports. The bank’s Hungarian representatives, the law firm of Dessewfy és Dávid, held talks on Monday with Sixth District officials, who are helping in the search for a financially sound buyer who would renovate the building across from the Opera House as soon as possible.
Budapest’s World Heritage Site Palace Owned By Offshore-Company In Decay
- 1 May 2013 1:00 AM
- property
Budapest’s Andrássy boulevard have been a World Heritage Site since more than a decade. The story of Andrássy út 83-85. began 13 years ago, when the Socialist-led local government sold the huge building to a real estate company owned by the israeli businessman Arie Yom Tov.
Xpat Opinion: Income Map Of Budapest
- 22 Apr 2013 9:01 AM
- property
The villa districts 2 and 12 in the Buda hills are the most expensive districts, both in terms of wealthy neighborhoods and square meter prices. District 12 leads in terms of income, meaning here is the highest concentration of wealthy residents. District 2 on the other hand boasts the highest square meter prices in the city.
Luxembourg Fund Gets MTV Building In Budapest
- 5 Aug 2013 9:00 AM
- property
Luxembourg-based Futura Funds Sicav is the new owner of the former MTV headquarters on downtown Szabadság tér, following the bankruptcy of the previous owner. Canadian company Tippin Corp. bought the building from the state in 2006, and leased it to state-run MTV until 2009.
Hungary's Gov’t May Mandate FX Mortgage Solution
- 5 Aug 2013 8:00 AM
- property
The government will present its own proposal on foreign-currency mortgages to Parliament if it does not reach an agreement with the banks in the autumn, Economy Minister Mihály Varga said yesterday. One day after meeting with bank leaders, he said on TV2 on Kossuth Radio and in an interview with Magyar Hírlap that a solution must enable the conversion of foreign-currency loans into forint-based ...
Hungarian Minister Talks With Advocacy Groups Re Foreign Currency Loans
- 1 Aug 2013 7:00 AM
- property
Minister for National Economy Mihály Varga met with representatives of the Civil Összefogás Fórum-Civil Összefogás Közhasznú Alapítvány (Civic Forum-Civic Union Public Benefit Foundation) earlier today in order to come to a compromise and a satisfying, solidarity-based solution with regard to the issue of foreign currency debtors in general and that of foreign currency mortgages in particular, ...
Report Of Mortgage Rescue Plan Revives Old Fears In Hungary
- 18 Jul 2013 9:00 AM
- property
OTP shares got hammered on Wednesday, falling 3.6%, on news that the government intends to provide further relief to foreign-currency mortgage debtors. Deputy prime minister Tibor Navracsics said in a Tuesday night interview that the government was examining the legal possibilities for amending such mortgage contracts.
Government Continues To Stand For The Protection Of Foreign Currency Debtors
- 1 Jul 2013 9:00 AM
- property
The European Commission notified Hungary already in December 2011 within an EU Pilot procedure which warns that the Government Decree stipulating that the monthly income of applicants of foreign currency loans shall exceed a sum equivalent of 15 times the amount of official minimum wage, and the income shall be received in the same currency in which the loan is denominated violates EU law.
Alkotás Point - The Award-winning Office Complex In Budapest
- 28 Jun 2013 1:00 AM
- property
The new owner of Alkotás Point invested a record sum of almost HUF 2.5 billion in a series of major development projects in 2012 and 2013. The Chicago-based Heitman Group, which purchased the award-winning office building through its property fund management company Heitman European Property Partners IV (HEPP IV) last January, forged ahead with the building’s reconstruction and the incorporation ...
Owner Ready To Sell Ballet Institute In Budapest
- 31 May 2013 9:00 AM
- property
Banco Commercial Portugues is looking to sell the former Ballet Institute building on Andrássy út, according to reports. The bank’s Hungarian representatives, the law firm of Dessewfy és Dávid, held talks on Monday with Sixth District officials, who are helping in the search for a financially sound buyer who would renovate the building across from the Opera House as soon as possible.
Budapest’s World Heritage Site Palace Owned By Offshore-Company In Decay
- 1 May 2013 1:00 AM
- property
Budapest’s Andrássy boulevard have been a World Heritage Site since more than a decade. The story of Andrássy út 83-85. began 13 years ago, when the Socialist-led local government sold the huge building to a real estate company owned by the israeli businessman Arie Yom Tov.
Xpat Opinion: Income Map Of Budapest
- 22 Apr 2013 9:01 AM
- property
The villa districts 2 and 12 in the Buda hills are the most expensive districts, both in terms of wealthy neighborhoods and square meter prices. District 12 leads in terms of income, meaning here is the highest concentration of wealthy residents. District 2 on the other hand boasts the highest square meter prices in the city.