137 result(s) for head in Property
Budapest’s 5th District Says It Cannot Find Key Real Estate Sale Contract
- 28 Nov 2016 8:00 AM
- property
Last week news site Index.hu published a lengthy exposé of attorney and former Budapest District 5 assemblyman Balázs Kertész, who, among other things, allegedly played a central role in the sale of district-owned real estate at substantially below market prices to individuals or companies close to Hungary’s governing Fidesz party.
Horizon Development Sells Váci 1 To GLL
- 23 Nov 2016 8:00 AM
- property
Munich-based real estate fund management group GLL Real Estate Partners has acquired the historic Váci 1 building from Horizon Development, according to a press release sent to the Budapest Business Journal today. The seller was legally advised on the transaction by Lakatos, Köves & Partners, while the buyer was represented in the deal by Dentons.
Promenade Gardens Welcomes Its Anchor Tenant
- 18 Nov 2016 8:00 AM
- property
Prior to the foundation stone being laid for Promenade Gardens, a new large-scale, sustainable office building on Váci út, a press statement sent to the Budapest Business Journal today announced that Celanese Hungary Ltd. will set up its 4,200 square-meter headquarters in the building from April 2018. Colliers International has been assigned the tenant representation mandate.
Office Market Closes Robust Q3, Momentum May Linger Into Next Year
- 25 Oct 2016 9:00 AM
- property
Occupier demand remained robust in the Hungarian office market in the third-quarter of the year, a trend Cushman & Wakefield predicts will continue into next year, according to an analysis sent to the Budapest Business Journal yesterday. Developers have started some speculative new projects this year, but there is very little committed new supply for 2017, therefore C&W expects the office market ...
Matolcsy No Longer At Patai Flat
- 14 Oct 2016 9:00 AM
- property
Those who often saw MNB governor György Matolcsy in Buda Castle have not seen him in the neighbourhood for days, Népszabadság journalist Roland Baksa reported on Thursday.
Residential Property Sales To Keep Growing
- 20 Sep 2016 3:00 AM
- property
Signs indicate that the residential property market in Hungary is not only back from the dead, but that it is growing at breakneck pace, according to a review by the Central Statistical Office (KSH). The volume and rate of sales have both been soaring and prices have been heading towards new heights, to the horror of buyers.
CA Immo Completes Millennium Towers Acquisition
- 20 Sep 2016 3:00 AM
- property
Real estate firm CA Immo has closed the transaction to purchase the approximately 70,400 square-meter Millennium Towers office building for EUR 175 million from TriGránit and Heitmann’s local subsidiary, according to a press release.
CBank Foundations Buy Plots In Budapest Business District
- 6 Sep 2016 9:00 AM
- property
Foundations run by Hungary’s central bank have purchased plots of land in a Budapest business district for 55 million euros. Fully 200,000sqm of office and residential space can be built on the combined seven-and-ahalf hectares, Zoltán Fekete, the head of Optima Befektetési, which manages the foundations’ assets, said. The plan is to build 150,000sqm of office space and complement it with stores ...
MNB Foundations Spend HUF 15 Billion On Yet Another Luxury Office Building
- 12 Aug 2016 9:00 AM
- property
The old Post Service building at Budapest’s Moscow Square will be converted into a luxury office building at a cost of some HUF 7 billion (USD 25.5 million), reports Hungarian daily Magyar Nemzet. The buyer is reported to be none other than the National Bank of Hungary’s (MNB) scandal-ridden Pallas Athéné foundations.
Budapest’s 5th District Says It Cannot Find Key Real Estate Sale Contract
- 28 Nov 2016 8:00 AM
- property
Last week news site Index.hu published a lengthy exposé of attorney and former Budapest District 5 assemblyman Balázs Kertész, who, among other things, allegedly played a central role in the sale of district-owned real estate at substantially below market prices to individuals or companies close to Hungary’s governing Fidesz party.
Horizon Development Sells Váci 1 To GLL
- 23 Nov 2016 8:00 AM
- property
Munich-based real estate fund management group GLL Real Estate Partners has acquired the historic Váci 1 building from Horizon Development, according to a press release sent to the Budapest Business Journal today. The seller was legally advised on the transaction by Lakatos, Köves & Partners, while the buyer was represented in the deal by Dentons.
Promenade Gardens Welcomes Its Anchor Tenant
- 18 Nov 2016 8:00 AM
- property
Prior to the foundation stone being laid for Promenade Gardens, a new large-scale, sustainable office building on Váci út, a press statement sent to the Budapest Business Journal today announced that Celanese Hungary Ltd. will set up its 4,200 square-meter headquarters in the building from April 2018. Colliers International has been assigned the tenant representation mandate.
Office Market Closes Robust Q3, Momentum May Linger Into Next Year
- 25 Oct 2016 9:00 AM
- property
Occupier demand remained robust in the Hungarian office market in the third-quarter of the year, a trend Cushman & Wakefield predicts will continue into next year, according to an analysis sent to the Budapest Business Journal yesterday. Developers have started some speculative new projects this year, but there is very little committed new supply for 2017, therefore C&W expects the office market ...
Matolcsy No Longer At Patai Flat
- 14 Oct 2016 9:00 AM
- property
Those who often saw MNB governor György Matolcsy in Buda Castle have not seen him in the neighbourhood for days, Népszabadság journalist Roland Baksa reported on Thursday.
Residential Property Sales To Keep Growing
- 20 Sep 2016 3:00 AM
- property
Signs indicate that the residential property market in Hungary is not only back from the dead, but that it is growing at breakneck pace, according to a review by the Central Statistical Office (KSH). The volume and rate of sales have both been soaring and prices have been heading towards new heights, to the horror of buyers.
CA Immo Completes Millennium Towers Acquisition
- 20 Sep 2016 3:00 AM
- property
Real estate firm CA Immo has closed the transaction to purchase the approximately 70,400 square-meter Millennium Towers office building for EUR 175 million from TriGránit and Heitmann’s local subsidiary, according to a press release.
CBank Foundations Buy Plots In Budapest Business District
- 6 Sep 2016 9:00 AM
- property
Foundations run by Hungary’s central bank have purchased plots of land in a Budapest business district for 55 million euros. Fully 200,000sqm of office and residential space can be built on the combined seven-and-ahalf hectares, Zoltán Fekete, the head of Optima Befektetési, which manages the foundations’ assets, said. The plan is to build 150,000sqm of office space and complement it with stores ...
MNB Foundations Spend HUF 15 Billion On Yet Another Luxury Office Building
- 12 Aug 2016 9:00 AM
- property
The old Post Service building at Budapest’s Moscow Square will be converted into a luxury office building at a cost of some HUF 7 billion (USD 25.5 million), reports Hungarian daily Magyar Nemzet. The buyer is reported to be none other than the National Bank of Hungary’s (MNB) scandal-ridden Pallas Athéné foundations.