68 result(s) for ceo in Property
Xpat Opinion: Plans To Revitalize Budapest's Riverbanks Will Drive Property Prices Up
- 19 Apr 2013 9:01 AM
- property
The majestic Danube River divides Buda and Pest, creating a unique atmosphere in the city with its amazing views, cool breeze, distinct sounds, and gentle flow. However access to the water and the integration of the ports to city transport could be much better; and the river would certainly come to life even more without the annoying heavy traffic along the riverbanks on both sides in the central ...
Xpat Opinion: Rakoczi Ut Is New Reconstruction Priority In Budapest, Investment Opportunity
- 28 Feb 2013 8:00 AM
- property
The busy and polluted east-west throughfare of Budapest, Rakoczi ut, has significantly deteriorated with the steady increase of traffic. The streetfront shops of the once beautiful buildings extending from Erzsebet Bridge to Keleti Railway Station are neglected and vacant. While a number of streets have been wonderfully transformed over the past years, Rakoczi remains a noisy and dusty reminder ...
Rebirth Of Budapest's Castle Gardens
- 7 Feb 2013 10:35 AM
- property
The southern tip of the Buda Castle Hill in District 1 will be completely renovated, beginning this month, in the framework of an EUR 31-million project by Swietelsky-WHB and the local municipality, emphasizing the tradition and heritage of the location. Underground parking, escalators to the Royal Palace on the hill, elevators to the Castle Terraces overlooking the river, a new tram stop, the ...
Hungarian Land Registry Data Accessible Online
- 14 Jan 2013 8:00 AM
- property
The Land Registry (Földhivatal) in Hungary uses the centralized cadastre system to register geographical data, legal status, and ownership of real estate. This is the reason there is no so-called title deed, instead a current extract of the Land Registry documents (also referred to as a property sheet, “Tulajdoni lap”) may be obtained from the authority. This data is publicly available, so it is ...
Huge Rehabilitation Grant For Budapest's Neglected 8th District
- 8 Jan 2013 8:00 AM
- property
District 8 is to get a 13-million-euro government grant, the largest ever, to be spent on the renewal of streets and public squares, as well as the renovation of the engineering and facades of residential buildings, directly affecting the value of 1200 apartments. Furthermore the budget includes the building of a sports and recreation center for children, social educational programs, job ...
Shopping Paradise On Andrássy Ut In Budapest
- 31 Dec 2012 8:00 AM
- property
Street front retail property on Andrassy Avenue is worth half of what it used to be before 2008. Shops rent for 30-65 EUR/m2. There are currently 12 vacant properties and 6 under reconstruction on the "Champs Élysées of Budapest," where brands like Gucci, Louis Vuitton, Burberry, and Ermenegildo Zegna compete for business. Just this year Moncler, The North Face, Coccinelle and La Perla opened on ...
Developer Describes Budapest Office Market To Be Dismal
- 18 Dec 2012 8:00 AM
- property
The situation on the Budapest office market is quite dismal, as the net leasing area has been contracting in the last two years, CEO Tibor Tatrai of property developer Futureal told Napi Gazdasag. Businesses are looking for smaller office buildings. Demand for new office spaces is fuelled by rationalisation and better space usage, he added.
Xpat Opinion: Latest Property Market Developments In Hungary
- 26 Nov 2012 8:00 AM
- property
1% of households surveyed by the Hungarian Economic Research Institute (GKI) definitely intend to buy or build a new home in the next 12 months. This is good news because this number was merely 0.3% in the spring of 2010. The record year was early 2008 when 3% of households had such optimistic plans.
Xpat Opinion: Low Real Estate Supply In Hungary
- 14 Nov 2012 8:00 AM
- property
Less than 10,000 apartments will be built in Hungary by the end of this year, while there is an annual demand for over 40,000, according to the National Statistical Bureau. If the stock of apartments is not renewed at the healthy rate of 1% per annum, the aging of real estate and consequent quality issues are bound to accumulate.
Xpat Opinion: Plans To Revitalize Budapest's Riverbanks Will Drive Property Prices Up
- 19 Apr 2013 9:01 AM
- property
The majestic Danube River divides Buda and Pest, creating a unique atmosphere in the city with its amazing views, cool breeze, distinct sounds, and gentle flow. However access to the water and the integration of the ports to city transport could be much better; and the river would certainly come to life even more without the annoying heavy traffic along the riverbanks on both sides in the central ...
Xpat Opinion: Rakoczi Ut Is New Reconstruction Priority In Budapest, Investment Opportunity
- 28 Feb 2013 8:00 AM
- property
The busy and polluted east-west throughfare of Budapest, Rakoczi ut, has significantly deteriorated with the steady increase of traffic. The streetfront shops of the once beautiful buildings extending from Erzsebet Bridge to Keleti Railway Station are neglected and vacant. While a number of streets have been wonderfully transformed over the past years, Rakoczi remains a noisy and dusty reminder ...
Rebirth Of Budapest's Castle Gardens
- 7 Feb 2013 10:35 AM
- property
The southern tip of the Buda Castle Hill in District 1 will be completely renovated, beginning this month, in the framework of an EUR 31-million project by Swietelsky-WHB and the local municipality, emphasizing the tradition and heritage of the location. Underground parking, escalators to the Royal Palace on the hill, elevators to the Castle Terraces overlooking the river, a new tram stop, the ...
Hungarian Land Registry Data Accessible Online
- 14 Jan 2013 8:00 AM
- property
The Land Registry (Földhivatal) in Hungary uses the centralized cadastre system to register geographical data, legal status, and ownership of real estate. This is the reason there is no so-called title deed, instead a current extract of the Land Registry documents (also referred to as a property sheet, “Tulajdoni lap”) may be obtained from the authority. This data is publicly available, so it is ...
Huge Rehabilitation Grant For Budapest's Neglected 8th District
- 8 Jan 2013 8:00 AM
- property
District 8 is to get a 13-million-euro government grant, the largest ever, to be spent on the renewal of streets and public squares, as well as the renovation of the engineering and facades of residential buildings, directly affecting the value of 1200 apartments. Furthermore the budget includes the building of a sports and recreation center for children, social educational programs, job ...
Shopping Paradise On Andrássy Ut In Budapest
- 31 Dec 2012 8:00 AM
- property
Street front retail property on Andrassy Avenue is worth half of what it used to be before 2008. Shops rent for 30-65 EUR/m2. There are currently 12 vacant properties and 6 under reconstruction on the "Champs Élysées of Budapest," where brands like Gucci, Louis Vuitton, Burberry, and Ermenegildo Zegna compete for business. Just this year Moncler, The North Face, Coccinelle and La Perla opened on ...
Developer Describes Budapest Office Market To Be Dismal
- 18 Dec 2012 8:00 AM
- property
The situation on the Budapest office market is quite dismal, as the net leasing area has been contracting in the last two years, CEO Tibor Tatrai of property developer Futureal told Napi Gazdasag. Businesses are looking for smaller office buildings. Demand for new office spaces is fuelled by rationalisation and better space usage, he added.
Xpat Opinion: Latest Property Market Developments In Hungary
- 26 Nov 2012 8:00 AM
- property
1% of households surveyed by the Hungarian Economic Research Institute (GKI) definitely intend to buy or build a new home in the next 12 months. This is good news because this number was merely 0.3% in the spring of 2010. The record year was early 2008 when 3% of households had such optimistic plans.
Xpat Opinion: Low Real Estate Supply In Hungary
- 14 Nov 2012 8:00 AM
- property
Less than 10,000 apartments will be built in Hungary by the end of this year, while there is an annual demand for over 40,000, according to the National Statistical Bureau. If the stock of apartments is not renewed at the healthy rate of 1% per annum, the aging of real estate and consequent quality issues are bound to accumulate.