112 result(s) for property developer
CEE Property Markets: Stalled Recovery Or The Beginning of Another Recession?
- 18 Dec 2012 8:00 AM
- property
According to KPMG’s new publication CEE Property Lending Barometer 2012, banks appear to be even less sanguine about a recovery of the real estate market. To assess the prospects for bank financing in the CEE real estate sector, KPMG surveyed 35 of the region’s leading banks. Despite the gloom, real estate projects with a strong business case do receive finance. It’s a typical scene in the region.
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: 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.
Hungary's TriGránit Wins First China Contract
- 17 Sep 2012 9:00 AM
- business
Sándor Demján’s TriGránit has signed a letter of intent to build a shopping, office and residential complex in the city of Putian, China, the property development company announced on Friday. The value of the 500,000m2 project is estimated at $300 million.
Cultural Center Ruling Deeply Divisive In Hungary
- 17 Jul 2012 9:00 AM
- community & culture
In a binding ruling, the Capital Court of Appeals said that project manager Porto Investment and main developer WHB consortium must hand over the CET cultural complex in the Ninth District, which has been sitting idle for two years due to financial disputes between the local government, WHB consortium and Porto Investment.
St. Petersburg Ends Hungarian Property Developer TriGránit Contract
- 15 May 2012 9:00 AM
- business
The mayor of Saint Petersburg has cancelled a 2011 contract between the city and Hungarian property developer TriGránit on building a cultural centre in the city, Napi Gazdaság reports. The city does not intend to pay compensation for the cancelled project of about $600 million, the daily added.
MKB Sues Budapest Over Abandoned Property Project
- 12 Mar 2012 8:00 AM
- property
"MKB Bank is suing the city of Budapest at the Capital Court, claiming €25 million and default interest, the bank announced Friday on the Budapest stock exchange website. MKB argues that the city failed to fulfil its duties in the contract with construction company Porto Investment Hungary, builder of the CET Budapest cultural complex on the Pest side of the Danube.
Property Market In Hungary Still On The Slide
- 29 Oct 2010 3:00 AM
- property
"The glut of new unsold homes is threatening the financial position of property developers, according to the latest figures released by the Budapest Residential Database.
TI In Hungary Objects To GVH Nominee Juhász
- 10 Aug 2010 12:01 PM
- current affairs
"Transparency International (TI) has issued an open letter to Prime Minister Viktor Orbán and President Pál Schmitt pointing out that Miklós Juhász, Orbán’s nominee to head the Competition Office, (GVH) was fined by the financial supervisory Pszáf for insider trading in 1999.
CEE Property Markets: Stalled Recovery Or The Beginning of Another Recession?
- 18 Dec 2012 8:00 AM
- property
According to KPMG’s new publication CEE Property Lending Barometer 2012, banks appear to be even less sanguine about a recovery of the real estate market. To assess the prospects for bank financing in the CEE real estate sector, KPMG surveyed 35 of the region’s leading banks. Despite the gloom, real estate projects with a strong business case do receive finance. It’s a typical scene in the region.
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: 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.
Hungary's TriGránit Wins First China Contract
- 17 Sep 2012 9:00 AM
- business
Sándor Demján’s TriGránit has signed a letter of intent to build a shopping, office and residential complex in the city of Putian, China, the property development company announced on Friday. The value of the 500,000m2 project is estimated at $300 million.
Cultural Center Ruling Deeply Divisive In Hungary
- 17 Jul 2012 9:00 AM
- community & culture
In a binding ruling, the Capital Court of Appeals said that project manager Porto Investment and main developer WHB consortium must hand over the CET cultural complex in the Ninth District, which has been sitting idle for two years due to financial disputes between the local government, WHB consortium and Porto Investment.
St. Petersburg Ends Hungarian Property Developer TriGránit Contract
- 15 May 2012 9:00 AM
- business
The mayor of Saint Petersburg has cancelled a 2011 contract between the city and Hungarian property developer TriGránit on building a cultural centre in the city, Napi Gazdaság reports. The city does not intend to pay compensation for the cancelled project of about $600 million, the daily added.
MKB Sues Budapest Over Abandoned Property Project
- 12 Mar 2012 8:00 AM
- property
"MKB Bank is suing the city of Budapest at the Capital Court, claiming €25 million and default interest, the bank announced Friday on the Budapest stock exchange website. MKB argues that the city failed to fulfil its duties in the contract with construction company Porto Investment Hungary, builder of the CET Budapest cultural complex on the Pest side of the Danube.
Property Market In Hungary Still On The Slide
- 29 Oct 2010 3:00 AM
- property
"The glut of new unsold homes is threatening the financial position of property developers, according to the latest figures released by the Budapest Residential Database.
TI In Hungary Objects To GVH Nominee Juhász
- 10 Aug 2010 12:01 PM
- current affairs
"Transparency International (TI) has issued an open letter to Prime Minister Viktor Orbán and President Pál Schmitt pointing out that Miklós Juhász, Orbán’s nominee to head the Competition Office, (GVH) was fined by the financial supervisory Pszáf for insider trading in 1999.