175 result(s) for property based
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.
Official: Pharaon Not In Hungary
- 4 Nov 2016 8:00 AM
- current affairs
According to Hungarian authorities, there is “no one by the name of Ghaith Pharaon” residing in Hungary, an interior ministry official told the daily Magyar Idők. If, however, Pharaon enters Hungary’s territory and it turns out that he is the Saudi businessman who is wanted by the Federal Bureau of Investigation (FBI), he will be arrested immediately, state secretary Károly Kontrát told the paper.
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 Airport Offers Offices For Let
- 7 May 2016 9:00 AM
- property
Real estate developer JLL was appointed representative of the landlord in the letting of office spaces at several properties adjacent to Budapest’s Liszt Ferenc International Airport, according to a press release.
Hungary’s Prosecutors Renew MNB Property Case
- 4 May 2016 9:00 AM
- current affairs
Prosecutors have ordered police to continue an investigation into the purchase of a property by the MNB’s Pallas Athéné Geopolitikai foundation (Pageo) after police dropped the case. Prosecutors rejected as unfounded the Budapest’s Fifth District police argument that there was no evidence of crime, after a month-long investigation.
Parlt Passes Law Establishing National Building Societies
- 18 Mar 2016 8:00 AM
- property
Lawmakers approved a bill that establishes national building societies and adds to members’ savings with a state subsidy. The bill, submitted just a day earlier by Antal Rogán, the prime minister’s cabinet chief, was approved in an expedited procedure with 113 votes in favour, 46 against and no abstentions.
JLL: Commercial Real Estate Market Booms In 2015
- 1 Feb 2016 8:00 AM
- property
The Hungarian commercial real estate market reached the highest volume last year, since 2007 with approximately €790 million in transactions, JLL said yesterday in a press statement.
State Reacquires Historic Budapest Department Store
- 29 Oct 2015 8:00 AM
- property
The state has reacquired Paris Department Store, a historic Art Nouveau-style building in the centre of Budapest, news portal napi.hu reported. The state has exercised its preemption right for the property through MFB-Ingatlanfejlesztő, the property development unit of the state-owned development bank MFB, the Prime Minister’s Office’s press department told napi.hu.
Xpat Opinion: Migration: The Clash Of Civilizations?
- 14 Sep 2015 3:00 AM
- current affairs
Pundits on both the Right and the Left fear that a European civilization based on Christian and Enlightenment values is endangered by Muslim migrants, whose culture is not compatible with European norms.
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.
Official: Pharaon Not In Hungary
- 4 Nov 2016 8:00 AM
- current affairs
According to Hungarian authorities, there is “no one by the name of Ghaith Pharaon” residing in Hungary, an interior ministry official told the daily Magyar Idők. If, however, Pharaon enters Hungary’s territory and it turns out that he is the Saudi businessman who is wanted by the Federal Bureau of Investigation (FBI), he will be arrested immediately, state secretary Károly Kontrát told the paper.
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 Airport Offers Offices For Let
- 7 May 2016 9:00 AM
- property
Real estate developer JLL was appointed representative of the landlord in the letting of office spaces at several properties adjacent to Budapest’s Liszt Ferenc International Airport, according to a press release.
Hungary’s Prosecutors Renew MNB Property Case
- 4 May 2016 9:00 AM
- current affairs
Prosecutors have ordered police to continue an investigation into the purchase of a property by the MNB’s Pallas Athéné Geopolitikai foundation (Pageo) after police dropped the case. Prosecutors rejected as unfounded the Budapest’s Fifth District police argument that there was no evidence of crime, after a month-long investigation.
Parlt Passes Law Establishing National Building Societies
- 18 Mar 2016 8:00 AM
- property
Lawmakers approved a bill that establishes national building societies and adds to members’ savings with a state subsidy. The bill, submitted just a day earlier by Antal Rogán, the prime minister’s cabinet chief, was approved in an expedited procedure with 113 votes in favour, 46 against and no abstentions.
JLL: Commercial Real Estate Market Booms In 2015
- 1 Feb 2016 8:00 AM
- property
The Hungarian commercial real estate market reached the highest volume last year, since 2007 with approximately €790 million in transactions, JLL said yesterday in a press statement.
State Reacquires Historic Budapest Department Store
- 29 Oct 2015 8:00 AM
- property
The state has reacquired Paris Department Store, a historic Art Nouveau-style building in the centre of Budapest, news portal napi.hu reported. The state has exercised its preemption right for the property through MFB-Ingatlanfejlesztő, the property development unit of the state-owned development bank MFB, the Prime Minister’s Office’s press department told napi.hu.
Xpat Opinion: Migration: The Clash Of Civilizations?
- 14 Sep 2015 3:00 AM
- current affairs
Pundits on both the Right and the Left fear that a European civilization based on Christian and Enlightenment values is endangered by Muslim migrants, whose culture is not compatible with European norms.


















