634 result(s) for real estate
Huge Rehabilitation Grant For Budapest's Neglected 8th District
- 8 Jan 2013 8:00 AM
- property
District 8 is to get a 13-million-euro government grant, the largest ever, to be spent on the renewal of streets and public squares, as well as the renovation of the engineering and facades of residential buildings, directly affecting the value of 1200 apartments. Furthermore the budget includes the building of a sports and recreation center for children, social educational programs, job ...
Shopping Paradise On Andrássy Ut In Budapest
- 31 Dec 2012 8:00 AM
- property
Street front retail property on Andrassy Avenue is worth half of what it used to be before 2008. Shops rent for 30-65 EUR/m2. There are currently 12 vacant properties and 6 under reconstruction on the "Champs Élysées of Budapest," where brands like Gucci, Louis Vuitton, Burberry, and Ermenegildo Zegna compete for business. Just this year Moncler, The North Face, Coccinelle and La Perla opened on ...
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.
DHL Moves To Budapest Airport Business Park
- 17 Dec 2012 8:00 AM
- business
DHL Global Forwarding, Freight, the air and ocean freight specialist within Deutsche Post DHL and one of the leading providers of road freight services in Europe, will move to the new Airport Business Park development area offered by Budapest Airport. DHL Global Forwarding and DHL Freight will have both their offices and warehouses located at the airport.
Xpat Opinion: Spectacular Renewal Ahead For Budapest's Public Transport
- 13 Dec 2012 10:31 AM
- getting around
Budapest has just accepted the budget to replace 37 yellow trams and 24 red electric trolley buses using EU grants and government funding through the years 2014 and 2015. Most of the current vehicles are 1967 and 1978 models. Furthermore, 150 brand new air-conditioned Mercedes buses will appear on the streets next May. Blue buses provide 40% of the public transport capacity of Budapest; their ...
Xpat Opinion: Hotel Sector Growing in Budapest
- 12 Dec 2012 8:00 AM
- travel
One of the strengths of the Hungarian economy is tourism where both public and private initiatives significantly influence the property market of the inner city of Budapest. Tourism worldwide has seen a 4.5% expansion last year, while it was 11% in Hungary, and 16% in Budapest, and this trend is likely to grow in 2013.
Xpat Opinion: Latest Property Market Developments In Hungary
- 26 Nov 2012 8:00 AM
- property
1% of households surveyed by the Hungarian Economic Research Institute (GKI) definitely intend to buy or build a new home in the next 12 months. This is good news because this number was merely 0.3% in the spring of 2010. The record year was early 2008 when 3% of households had such optimistic plans.
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.
Cross-Regional Investment Boosts European Property Markets
- 12 Oct 2012 9:00 AM
- property
Non-European investors are increasingly prominent in the commercial real estate market in Europe, with one fifth of capital coming from overseas in the first half of 2012 (H1 2012), according to the latest research from global property advisor CBRE.
Huge Rehabilitation Grant For Budapest's Neglected 8th District
- 8 Jan 2013 8:00 AM
- property
District 8 is to get a 13-million-euro government grant, the largest ever, to be spent on the renewal of streets and public squares, as well as the renovation of the engineering and facades of residential buildings, directly affecting the value of 1200 apartments. Furthermore the budget includes the building of a sports and recreation center for children, social educational programs, job ...
Shopping Paradise On Andrássy Ut In Budapest
- 31 Dec 2012 8:00 AM
- property
Street front retail property on Andrassy Avenue is worth half of what it used to be before 2008. Shops rent for 30-65 EUR/m2. There are currently 12 vacant properties and 6 under reconstruction on the "Champs Élysées of Budapest," where brands like Gucci, Louis Vuitton, Burberry, and Ermenegildo Zegna compete for business. Just this year Moncler, The North Face, Coccinelle and La Perla opened on ...
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.
DHL Moves To Budapest Airport Business Park
- 17 Dec 2012 8:00 AM
- business
DHL Global Forwarding, Freight, the air and ocean freight specialist within Deutsche Post DHL and one of the leading providers of road freight services in Europe, will move to the new Airport Business Park development area offered by Budapest Airport. DHL Global Forwarding and DHL Freight will have both their offices and warehouses located at the airport.
Xpat Opinion: Spectacular Renewal Ahead For Budapest's Public Transport
- 13 Dec 2012 10:31 AM
- getting around
Budapest has just accepted the budget to replace 37 yellow trams and 24 red electric trolley buses using EU grants and government funding through the years 2014 and 2015. Most of the current vehicles are 1967 and 1978 models. Furthermore, 150 brand new air-conditioned Mercedes buses will appear on the streets next May. Blue buses provide 40% of the public transport capacity of Budapest; their ...
Xpat Opinion: Hotel Sector Growing in Budapest
- 12 Dec 2012 8:00 AM
- travel
One of the strengths of the Hungarian economy is tourism where both public and private initiatives significantly influence the property market of the inner city of Budapest. Tourism worldwide has seen a 4.5% expansion last year, while it was 11% in Hungary, and 16% in Budapest, and this trend is likely to grow in 2013.
Xpat Opinion: Latest Property Market Developments In Hungary
- 26 Nov 2012 8:00 AM
- property
1% of households surveyed by the Hungarian Economic Research Institute (GKI) definitely intend to buy or build a new home in the next 12 months. This is good news because this number was merely 0.3% in the spring of 2010. The record year was early 2008 when 3% of households had such optimistic plans.
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.
Cross-Regional Investment Boosts European Property Markets
- 12 Oct 2012 9:00 AM
- property
Non-European investors are increasingly prominent in the commercial real estate market in Europe, with one fifth of capital coming from overseas in the first half of 2012 (H1 2012), according to the latest research from global property advisor CBRE.