50 result(s) for crisis in Property
GTC Plans To Launch New Investment In Budapest
- 17 Jun 2016 9:00 AM
- property
Real estate developer GTC will, in the coming weeks, launch a 21,500 sqm office building investment, referred to as White House, on Budapest’s Váci út, GTC Commercial Director Bori Gedai announced at a press conference.
Home Prices Rise 14 Pc In Hungary
- 17 May 2016 9:00 AM
- property
Home prices rose by 14 percent on average in Hungary from a year earlier, the biggest increase seen in a European Union member state, according to FHB’s latest home price index analysis. The average price of a resale home in Budapest, the most expensive area in the country, was 16.3 million forints in the third quarter of 2015 while the average home price in northern Hungary was 5.8 million ...
British, Dutch Embassies Move To Smaller Premises In Budapest
- 14 Jan 2016 10:45 AM
- property
The British and Dutch embassies will move to smaller premises to save costs. The Embassy of the Netherlands is moving to the Office Centre complex in Kapás Street housing the Swedish Embassy, the Dutch ambassador said. The move is in response to constraints due to the economic crisis over the past years, leading to staff reductions in foreign missions, Gajus Scheltema said.
Assoc Chief: Hungarian Construction Sector To Pick Up Steam In Coming Years
- 4 Jan 2016 8:00 AM
- property
The construction sector is set to grow in the coming years and the number of new homes built per year could double by the end of the current government cycle, László Koji, head of the association of construction entrepreneurs ÉVOSZ, told daily Magyar Idők. Over the past few years, the government has implemented measures that have generated investments, even by foreign businesses, both in the ...
Positive Economic Outlook Key To Construction Sector Upswing In Hungary
- 6 May 2015 9:00 AM
- property
The major improvement in Hungary’s economic outlook has led to the emergence of the real estate market and construction sector from the doldrums, Economy Minister Mihály Varga told a conference. The construction sector can only add new real estate in places where there is confidence about the future of the economy, Varga told the conference organised by business daily Napi Gazdaság, adding that ...
Home Building Permits Rise 30% In Hungary
- 25 Feb 2015 3:00 AM
- property
The number of permits issued for new home construction rose 30.4%, reaching a total of 6,947 in the first three quarters of 2014, Central Statistics Office (KSH) revealed today. New permits were issued for an area exceeding 799,300 sqm; this figure was up by 27.0%.
Hungarian National Bank Buys Buda Castle Villa For Ft3bn
- 10 Dec 2014 8:00 AM
- property
The MNB has bought the Hatvany villa in the Buda Castle district for Ft 3.4 billion, and spent an additional Ft 1.9 billion on purchasing an adjacent building from the Academy of Sciences. These buildings will host an event and training centre and the MNB’s Ph.D. program will be located there, the central bank said.
Hungary Home Sales Exceed 10,400 In Nov
- 2 Dec 2014 8:00 AM
- property
Altogether 10,434 homes were sold in Hungary in November, up 49% from a year earlier, real estate broker Duna House’s fresh estimate shows. The number of homes sold was down from 11,692 in October, but up from 10,052 in September.
Home Building Permits Rise 18% In H1 In Hungary
- 30 Jul 2014 9:00 AM
- property
The number of permits issued for new home construction rose by 17.9% to 4,009 in the first half of 2014, fresh data from the Central Statistical Office (KSH) show. New permits were issued for a total area of 453,000sqm, up 13.9%. The number of new home completions rose 21.8% to 3,265 in the first half of this year.
GTC Plans To Launch New Investment In Budapest
- 17 Jun 2016 9:00 AM
- property
Real estate developer GTC will, in the coming weeks, launch a 21,500 sqm office building investment, referred to as White House, on Budapest’s Váci út, GTC Commercial Director Bori Gedai announced at a press conference.
Home Prices Rise 14 Pc In Hungary
- 17 May 2016 9:00 AM
- property
Home prices rose by 14 percent on average in Hungary from a year earlier, the biggest increase seen in a European Union member state, according to FHB’s latest home price index analysis. The average price of a resale home in Budapest, the most expensive area in the country, was 16.3 million forints in the third quarter of 2015 while the average home price in northern Hungary was 5.8 million ...
British, Dutch Embassies Move To Smaller Premises In Budapest
- 14 Jan 2016 10:45 AM
- property
The British and Dutch embassies will move to smaller premises to save costs. The Embassy of the Netherlands is moving to the Office Centre complex in Kapás Street housing the Swedish Embassy, the Dutch ambassador said. The move is in response to constraints due to the economic crisis over the past years, leading to staff reductions in foreign missions, Gajus Scheltema said.
Assoc Chief: Hungarian Construction Sector To Pick Up Steam In Coming Years
- 4 Jan 2016 8:00 AM
- property
The construction sector is set to grow in the coming years and the number of new homes built per year could double by the end of the current government cycle, László Koji, head of the association of construction entrepreneurs ÉVOSZ, told daily Magyar Idők. Over the past few years, the government has implemented measures that have generated investments, even by foreign businesses, both in the ...
Positive Economic Outlook Key To Construction Sector Upswing In Hungary
- 6 May 2015 9:00 AM
- property
The major improvement in Hungary’s economic outlook has led to the emergence of the real estate market and construction sector from the doldrums, Economy Minister Mihály Varga told a conference. The construction sector can only add new real estate in places where there is confidence about the future of the economy, Varga told the conference organised by business daily Napi Gazdaság, adding that ...
Home Building Permits Rise 30% In Hungary
- 25 Feb 2015 3:00 AM
- property
The number of permits issued for new home construction rose 30.4%, reaching a total of 6,947 in the first three quarters of 2014, Central Statistics Office (KSH) revealed today. New permits were issued for an area exceeding 799,300 sqm; this figure was up by 27.0%.
Hungarian National Bank Buys Buda Castle Villa For Ft3bn
- 10 Dec 2014 8:00 AM
- property
The MNB has bought the Hatvany villa in the Buda Castle district for Ft 3.4 billion, and spent an additional Ft 1.9 billion on purchasing an adjacent building from the Academy of Sciences. These buildings will host an event and training centre and the MNB’s Ph.D. program will be located there, the central bank said.
Hungary Home Sales Exceed 10,400 In Nov
- 2 Dec 2014 8:00 AM
- property
Altogether 10,434 homes were sold in Hungary in November, up 49% from a year earlier, real estate broker Duna House’s fresh estimate shows. The number of homes sold was down from 11,692 in October, but up from 10,052 in September.
Home Building Permits Rise 18% In H1 In Hungary
- 30 Jul 2014 9:00 AM
- property
The number of permits issued for new home construction rose by 17.9% to 4,009 in the first half of 2014, fresh data from the Central Statistical Office (KSH) show. New permits were issued for a total area of 453,000sqm, up 13.9%. The number of new home completions rose 21.8% to 3,265 in the first half of this year.