39 result(s) for majority in Property
The Pallas Athena Foundations: Real Estate Investments
- 4 Jul 2016 9:00 AM
- property
The Pallas Athena Foundations were established by the National Bank of Hungary (MNB) to “contribute to the common good” by funding a variety of educational programmes in different fields. Recently, the six foundations have begun to shift their capital from government bonds to real estate.
Eston Sees Increased Demand On Office Market In 2015
- 9 Feb 2016 8:00 AM
- property
Eston signed leasing and ownership contracts on 540,000 sqm over the last year, setting a record with demand for more than 16% of the modern office spaces on the Budapest market, according to a report by Eston published.
Budapest District Resists Museum Quarter
- 24 Apr 2015 9:00 AM
- property
A majority of the local council of Zugló, Budapest’s 14th District, yesterday objected to the government’s plans to build several large new museum buildings in the City Park. They said they agree with the idea of renewing the City Park, which lies within the district, but reject the construction of new buildings arguing that they would be harmful to the character of the park.
Budapest Fifth District Suspends Property Sales
- 14 Jan 2015 8:00 AM
- property
The Fifth District will not sell any further properties until prosecutors end their inquiry into recent suspicious sales, the local council’s financial committee decided at a closed meeting on Tuesday.
Budapest Downtown Properties Popular Among Foreigners
- 9 Jan 2015 3:00 AM
- property
A total of 1,183 non-European Union citizens purchased 1,143 properties in Budapest last year, mostly in downtown areas, daily Népszabadság said. The paper said that figures are available only about non-EU citizens’ purchases because they are expected to request a licence for buying property in Hungary.
Conversion Will Be Almost Compulsory In Hungary
- 11 Nov 2014 8:00 AM
- property
The bill on converting foreign-currency loans into forint debt will make it difficult for any borrowers to keep their debt in anything other than forints, Economy Minister Mihály Varga told journalists on Monday.
Foreign Interest In Hungarian Property Intensifies
- 8 May 2014 10:30 AM
- property
Last year 1,365 foreigners got 1,267 Hungarian property ownership permits, the majority Russian. According to the data posted on the government’s website, this number has increased compared to 2011, when 1,069 foreign nationals obtained 1,120 permits, and 2012, when the respective numbers were 1,110 and 1,186.
Kúria Affirms Validity Of Foreign-Currency Loans In Hungary
- 17 Dec 2013 7:00 AM
- property
The Kúria ruled on Monday that foreign-currency mortgage loans are valid, are not immoral, do not constitute usury, and are not “sham contracts”. A two-thirds majority of the special panel of 36 judges ruled that borrowers must bear the risks of such loans, including the risk associated with currency fluctuations.
Hungary's PM: Banks Must Amend Foreign Currency Mortgage Contracts
- 9 Sep 2013 9:00 AM
- property
Prime Minister Viktor Orbán considers amending foreign exchange mortgage contracts a moral responsibility for banks. In public Kossuth radio’s morning show 180 minutes, he also highlighted that the recent economic data are signs of Hungary’s recovery.
The Pallas Athena Foundations: Real Estate Investments
- 4 Jul 2016 9:00 AM
- property
The Pallas Athena Foundations were established by the National Bank of Hungary (MNB) to “contribute to the common good” by funding a variety of educational programmes in different fields. Recently, the six foundations have begun to shift their capital from government bonds to real estate.
Eston Sees Increased Demand On Office Market In 2015
- 9 Feb 2016 8:00 AM
- property
Eston signed leasing and ownership contracts on 540,000 sqm over the last year, setting a record with demand for more than 16% of the modern office spaces on the Budapest market, according to a report by Eston published.
Budapest District Resists Museum Quarter
- 24 Apr 2015 9:00 AM
- property
A majority of the local council of Zugló, Budapest’s 14th District, yesterday objected to the government’s plans to build several large new museum buildings in the City Park. They said they agree with the idea of renewing the City Park, which lies within the district, but reject the construction of new buildings arguing that they would be harmful to the character of the park.
Budapest Fifth District Suspends Property Sales
- 14 Jan 2015 8:00 AM
- property
The Fifth District will not sell any further properties until prosecutors end their inquiry into recent suspicious sales, the local council’s financial committee decided at a closed meeting on Tuesday.
Budapest Downtown Properties Popular Among Foreigners
- 9 Jan 2015 3:00 AM
- property
A total of 1,183 non-European Union citizens purchased 1,143 properties in Budapest last year, mostly in downtown areas, daily Népszabadság said. The paper said that figures are available only about non-EU citizens’ purchases because they are expected to request a licence for buying property in Hungary.
Conversion Will Be Almost Compulsory In Hungary
- 11 Nov 2014 8:00 AM
- property
The bill on converting foreign-currency loans into forint debt will make it difficult for any borrowers to keep their debt in anything other than forints, Economy Minister Mihály Varga told journalists on Monday.
Foreign Interest In Hungarian Property Intensifies
- 8 May 2014 10:30 AM
- property
Last year 1,365 foreigners got 1,267 Hungarian property ownership permits, the majority Russian. According to the data posted on the government’s website, this number has increased compared to 2011, when 1,069 foreign nationals obtained 1,120 permits, and 2012, when the respective numbers were 1,110 and 1,186.
Kúria Affirms Validity Of Foreign-Currency Loans In Hungary
- 17 Dec 2013 7:00 AM
- property
The Kúria ruled on Monday that foreign-currency mortgage loans are valid, are not immoral, do not constitute usury, and are not “sham contracts”. A two-thirds majority of the special panel of 36 judges ruled that borrowers must bear the risks of such loans, including the risk associated with currency fluctuations.
Hungary's PM: Banks Must Amend Foreign Currency Mortgage Contracts
- 9 Sep 2013 9:00 AM
- property
Prime Minister Viktor Orbán considers amending foreign exchange mortgage contracts a moral responsibility for banks. In public Kossuth radio’s morning show 180 minutes, he also highlighted that the recent economic data are signs of Hungary’s recovery.