85 result(s) for transaction in Property
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 ...
Real Estate Market On The Rise In Budapest
- 6 Aug 2015 11:45 AM
- property
The growing popularity of online vacation rentals has driven up demand for flats in central Budapest. Home sales in the centre of the capital have risen 40% in just a year, according to real-estate agent Otthon Centrum. Demand is highest for 40-60sqm flats in need of renovation. Interest is strong for flats in the 7th district, where local ruin pubs draw young travellers, as well as in the ...
Hungarian Housing Market Growing Rapidly
- 2 Jul 2015 9:00 AM
- property
The number of homes sold in the first half was up 50% year-on-year at 68,000, real estate agency Duna House announced. As second-half figures are usually higher, the number of sales could reach 150,000 this year, the agency projected. A new home subsidy scheme in effect from July 1 is also expected to lift sales.
Hungary’s NBH Comments Luxury Office Building Purchase
- 28 Aug 2014 9:00 AM
- property
The National Bank of Hungary (NBH) has purchased the Eiffel Palace office building, located in the centre of Budapest, for EUR 45.3m not including VAT, in order to exploit the advantages from the property investment, the NBH told MTI. The NBH also said the purchase could have a positive effect on the bank’s results.
Ballet Institute In Budapest To Be Transformed Into Hotel
- 19 Jun 2014 9:00 AM
- property
A company under the ownership of Sheikh Jassim Bin Hamad Bin Jassim Bin Jaber Al Thani has purchased the Hungarian Ballet Institute in Budapest and plans to transform the institute into a hotel, the online edition of the Hungarian weekly Heti Válasz reported on Wednesday.
Budapest District Council Sells Landmark To Mellow Mood Group
- 22 May 2014 9:00 AM
- property
The local council of Budapest’s 5th district has sold the landmark Párizsi Udvar building near the Danube for 2.1 billion forints (EUR 6.9m) to Mellow Mood Group, which operates a luxury hotel in the neighbouring Klotild Palace. District mayor Antal Rogán said the local council lacked the several billions of forints required to renovate the building.
Chinese Buying Residency Bonds In Hungary
- 12 Jun 2013 9:00 AM
- property
Some 20 Chinese nationals have requested residence permits in Hungary by investing in residency bonds, said Lian Wang, managing director of the Hungary State Special Fund, which handles the transactions.
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: 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.
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 ...
Real Estate Market On The Rise In Budapest
- 6 Aug 2015 11:45 AM
- property
The growing popularity of online vacation rentals has driven up demand for flats in central Budapest. Home sales in the centre of the capital have risen 40% in just a year, according to real-estate agent Otthon Centrum. Demand is highest for 40-60sqm flats in need of renovation. Interest is strong for flats in the 7th district, where local ruin pubs draw young travellers, as well as in the ...
Hungarian Housing Market Growing Rapidly
- 2 Jul 2015 9:00 AM
- property
The number of homes sold in the first half was up 50% year-on-year at 68,000, real estate agency Duna House announced. As second-half figures are usually higher, the number of sales could reach 150,000 this year, the agency projected. A new home subsidy scheme in effect from July 1 is also expected to lift sales.
Hungary’s NBH Comments Luxury Office Building Purchase
- 28 Aug 2014 9:00 AM
- property
The National Bank of Hungary (NBH) has purchased the Eiffel Palace office building, located in the centre of Budapest, for EUR 45.3m not including VAT, in order to exploit the advantages from the property investment, the NBH told MTI. The NBH also said the purchase could have a positive effect on the bank’s results.
Ballet Institute In Budapest To Be Transformed Into Hotel
- 19 Jun 2014 9:00 AM
- property
A company under the ownership of Sheikh Jassim Bin Hamad Bin Jassim Bin Jaber Al Thani has purchased the Hungarian Ballet Institute in Budapest and plans to transform the institute into a hotel, the online edition of the Hungarian weekly Heti Válasz reported on Wednesday.
Budapest District Council Sells Landmark To Mellow Mood Group
- 22 May 2014 9:00 AM
- property
The local council of Budapest’s 5th district has sold the landmark Párizsi Udvar building near the Danube for 2.1 billion forints (EUR 6.9m) to Mellow Mood Group, which operates a luxury hotel in the neighbouring Klotild Palace. District mayor Antal Rogán said the local council lacked the several billions of forints required to renovate the building.
Chinese Buying Residency Bonds In Hungary
- 12 Jun 2013 9:00 AM
- property
Some 20 Chinese nationals have requested residence permits in Hungary by investing in residency bonds, said Lian Wang, managing director of the Hungary State Special Fund, which handles the transactions.
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: 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.