46 result(s) for run in Property
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.
Home Sales Set To Reach 155,000 This Year
- 31 May 2016 9:00 AM
- property
Home sales in Hungary could rise to 155,000 this year from 130,000- 135,000 in 2015, according to an analysis by Otthon Centrum, which runs a franchise network of real estate brokers. New homes could make up 3-4% of the total, Otthon Centrum said.
Hungarian Lawmakers Pass Law On VAT Cut For New Home Building
- 16 Dec 2015 8:00 AM
- property
Lawmakers approved a bill to reduce value added tax (VAT) on new-build homes from 27% to 5% between 2016 and 2019. Submitted by Economy Minister Mihály Varga and cabinet chief Antal Rogán, the law states that a 5% VAT rate applies to homes built between 2016 and 2019, mainly applying to blocks of flats built in housing parks with an area of less than 150 square meters each or to standalone homes ...
Duna House IPO Ends Without Result
- 30 Nov 2015 8:00 AM
- property
Hungarian real estate broker Duna House on Friday announced that its initial public offering was without result, as it failed to sell the minimum number of 180,000 shares by the end of the IPO on Friday, following a suspension, Hungarian news agency MTI reported.
Orbis To Buy Two Hotels In Budapest
- 27 Nov 2015 8:00 AM
- property
Orbis and its Hungarian unit Accor- Pannonia Hotels have signed a preliminary contract for the purchase of two hotels in Budapest for 27.5 million euros, the Polish news agency PAP reported citing an Orbis press release. The two hotels are already being run by the group under a lease agreement. The two hotels are part of the 46 hotels in the region the French Accor agreed to sell to the Polish ...
Top Tips For Flat Hunting In Budapest
- 15 Jun 2015 9:00 AM
- property
If you’re new to Budapest - or if you are planning to come here to live - one of the first things you need to get sorted is a place to live. Luckily the rental market has boomed in recent years and it’s not difficult to find places available to rent on a 1 year or more basis, or on a per semester (for exchange students). In case you’ve just started searching, or are planning to move soon, here’s ...
Budapest’s Refurbished Music Academy Wins Cultural Heritage Award
- 19 May 2015 9:00 AM
- property
The Franz Liszt Music Academy of Budapest has received the Europa Nostra Award in the conservation of cultural heritage category. The two-year renovation of the building was completed in fall 2013. We carry an interview with András Batta, rector of the Academy between 2004 and 2013, who was the unflagging powerhouse of that ambitious project.
Habitat For Humanity: Rebuilding Homes & Communities In Hungary
- 16 Apr 2015 9:00 AM
- property
One and a half million Hungarians live in dwellings unfit for human habitation. No bathroom, toilet out in the yard, windows that let in the cold air, walls black from smoke. In Ág, a small village in the southern Hungarian Baranya county, the locals washed themselves in wash tubs. Last year Habitat for Humanity appeared and offered building material for volunteer work.
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.
Home Sales Set To Reach 155,000 This Year
- 31 May 2016 9:00 AM
- property
Home sales in Hungary could rise to 155,000 this year from 130,000- 135,000 in 2015, according to an analysis by Otthon Centrum, which runs a franchise network of real estate brokers. New homes could make up 3-4% of the total, Otthon Centrum said.
Hungarian Lawmakers Pass Law On VAT Cut For New Home Building
- 16 Dec 2015 8:00 AM
- property
Lawmakers approved a bill to reduce value added tax (VAT) on new-build homes from 27% to 5% between 2016 and 2019. Submitted by Economy Minister Mihály Varga and cabinet chief Antal Rogán, the law states that a 5% VAT rate applies to homes built between 2016 and 2019, mainly applying to blocks of flats built in housing parks with an area of less than 150 square meters each or to standalone homes ...
Duna House IPO Ends Without Result
- 30 Nov 2015 8:00 AM
- property
Hungarian real estate broker Duna House on Friday announced that its initial public offering was without result, as it failed to sell the minimum number of 180,000 shares by the end of the IPO on Friday, following a suspension, Hungarian news agency MTI reported.
Orbis To Buy Two Hotels In Budapest
- 27 Nov 2015 8:00 AM
- property
Orbis and its Hungarian unit Accor- Pannonia Hotels have signed a preliminary contract for the purchase of two hotels in Budapest for 27.5 million euros, the Polish news agency PAP reported citing an Orbis press release. The two hotels are already being run by the group under a lease agreement. The two hotels are part of the 46 hotels in the region the French Accor agreed to sell to the Polish ...
Top Tips For Flat Hunting In Budapest
- 15 Jun 2015 9:00 AM
- property
If you’re new to Budapest - or if you are planning to come here to live - one of the first things you need to get sorted is a place to live. Luckily the rental market has boomed in recent years and it’s not difficult to find places available to rent on a 1 year or more basis, or on a per semester (for exchange students). In case you’ve just started searching, or are planning to move soon, here’s ...
Budapest’s Refurbished Music Academy Wins Cultural Heritage Award
- 19 May 2015 9:00 AM
- property
The Franz Liszt Music Academy of Budapest has received the Europa Nostra Award in the conservation of cultural heritage category. The two-year renovation of the building was completed in fall 2013. We carry an interview with András Batta, rector of the Academy between 2004 and 2013, who was the unflagging powerhouse of that ambitious project.
Habitat For Humanity: Rebuilding Homes & Communities In Hungary
- 16 Apr 2015 9:00 AM
- property
One and a half million Hungarians live in dwellings unfit for human habitation. No bathroom, toilet out in the yard, windows that let in the cold air, walls black from smoke. In Ág, a small village in the southern Hungarian Baranya county, the locals washed themselves in wash tubs. Last year Habitat for Humanity appeared and offered building material for volunteer work.