Budapest real estate
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EU standoff worsens over Russian oil embargo as Hungary sinks
(Bloomberg) – The European Union is increasingly unlikely to approve a ban on Russian oil when the bloc’s leaders meet next week, with Hungary continuing to ... -
The Juan de Fuca Festival, a three-day “meeting” for the community
PORT ANGELES — Lady A, a blues, soul, funk and gospel music specialist who will help open the 29th annual Juan de Fuca Festival over the ... -
Swimming-Chalmers U-turn could keep Simpsons out of world championships
MELBOURNE, May 20 (Reuters) – Olympic gold medalist Kyle Chalmers has changed his mind about skipping the world championships and may deny pop singer-turned-swimmer Cody Simpson ... -
Rheinmetall, 4iG and HM EI will create a joint venture in Hungary; Digitization of armies
Rheinmetall AG (51%), 4iG Plc (39%) and the HM ElectronicsLogistics and Property Management PCLS (10%) has signed a memorandum of understanding for the creation of a ... -
Comedian Eric Wareheim wants everyone to listen to Fit For An Autopsy
When you think of comedian Eric Wareheim, you probably think of Casey’s brother riding a horse and buggy, or free real estate. As part of his ... -
Editorial: Committing to ESG and sustainability
Photo by Black Salmon / Shutterstock.com About eight years ago, I had a surprising encounter with a former senior executive at a real estate consulting firm ... -
And after?! 35% increase in Budapest rental market
In Budapest, rents have increased by 35% in one year, while in some rural towns they have increased by almost 30%. This remarkable increase is higher ... -
CPI Hungary integrates property management services – BBJ
CPI Hungary has integrated all property management activities of its domestic retail portfolio, as besides property management and leasing, legal services are provided by company employees, ... -
For Vanguards and Nanushka, it’s a family affair
“From an investment point of view, fashion is not a normal business,” says Peter Baldaszti, co-founder and CEO of Budapest-born luxury fashion brand Nanushka – and ... -
Central and Eastern European region survives first shock of war in Ukraine
Despite the war in Ukraine, inflation uncertainty, rising construction costs and rapidly changing interest rates, the real estate market has nevertheless shown resilience, with several large ... -
MET Group moves its offices to Budapart
MET Group has signed a rental agreement for more than 4,000 m² of office space in the BudaPart district, according to a press release sent to ... -
Slovakia and Hungary will not support EU sanctions against Russian energy
BRATISLAVA, Slovakia (AP) — Slovakia and Hungary said on Tuesday they would not support sanctions against Russian energy that the European Union is preparing over the ... -
These are the most expensive streets in Budapest
According to recent analyses, Hungary is experiencing one of the most intense price increases in the real estate market within the EU. In figures, second-hand housing ... -
Cecilia Hall Diehl | Obituary
Cecilia Hall Diehl Cecilia Hall Diehl, 88 of Winchester, VA died Friday at Blue Ridge Hospice. Cecilia is survived by her sister, Mary May of Florence, ... -
April 28 Letters: We Need Action on Health Care; we need smoother roads; we need proper housing plan
Stop confrontation, solve the problem Flying sparks in our legislature will not solve our doctor shortage. Posturing, yelling, and heckling can make our elected officials look ... -
Etele Plaza named “Best of the Best Retail Development” at the HOF Awards
Etele Plaza received a HOF Award in the category “Best of the Best Retail Development”, according to a press release sent to the Budapest Business Journal. ... -
Rába issues warning on results – BBJ
MTI – Econews Saturday, April 23, 2022, 2:00 p.m. Listed automobile industry company Raba said on Wednesday evening that it could report a consolidated operating loss ... -
The Budapest investigation committee suspects corruption in the real estate transactions of the former leader of Fidesz
More than 1,200 city-owned apartments were privatized at a significantly reduced price in downtown Budapest between 2014 and 2018 under the leadership of the ruling Fidesz, ... -
Ukrainian war refugees top 5 million as assaults escalate
WARSAW, Poland (AP) — After spending weeks without power or water in the basement of his family’s home in Ukraine, Viktoriya Savyichkina made a daring escape ... -
The most beautiful hotels in the USA
Ask any Hawaii Loyalist about the legendary Mauna Lani retreat on the Big Island and they’ll nod knowingly. For decades, the hotel has been a mainstay, ... -
Ingatlan.com’s turnover increases by 17% in 2021
MTI – Econews Thursday, April 14, 2022, 1:20 p.m. Photo by Fabio Balbi / Shutterstock.com Real estate listing site Ingatlan.com’s net revenue rose 17% to HUF ... -
ET Star Dee Wallace Embarks on Rob Zombie’s The Munsters
Instagram has been the filmmaker’s preferred medium for updates on the film as it nears a likely 2022 release date, and this announcement is no exception. ... -
Sberbank sells its stake in Fortenova to the Hungarian group Indotek
Screenshot/Fortenova Group April 10, 2022 – Russian Sberbank has now sold its former 43% stake in Fortenova to Hungarian company Indotek, Fortenova CEO Fabris Perusko has ... -
The ConvergenCE project management team is growing
Gábor Zeley, an experienced real estate expert, has joined investor and developer ConvergenCE, according to a press release sent to the Budapest Business Journal. In his ... -
Skanska Hungarian Headquarters Receives WELL Health and Safety Certificate
Skanska’s headquarters in Hungary, located in the Nordic Light office complex, has received WELL Health & Safety certification, according to a press release sent to the ... -
MIPIM 2022 sees the return of large-scale exhibition events
Delegates at the Budapest/Hungary stand at MIPIM 2022. Hungary and Central European countries such as Poland and the Czech Republic attracted strong attendance at the MIPIM ... -
Integration of property sustainability into broader regularity systems
With the growing need for third-party accountability, commercial property sustainability accreditation systems are already being devised for various types of projects, and not just for the ... -
Immofinanz signs contracts for 65,000 m² in 2021
Immofinanz – one of the biggest investors in the region – signed contracts in the retail and office sector for a total of more than 65,000 ... -
The effects of the real estate market augur further price increases
Nicolas Pongratz Thursday, March 31, 2022, 10:45 a.m. Residential Photo by Andrey_Popov / Shutterstock.com At the moment, all market effects point to a further rise in ... -
Cassandra Peterson defends the casting of Rob Zombie
The horror icon also talks about her exciting new role. Cassandra Peterson, perhaps better known as Elvira, is one of horror’s most recognizable faces. The acclaimed ... -
Ophthalmologist John H. Merey Shares His Holocaust Survival Story
(March 25, 2022 / Florida Jewish Journal) Dr. John H. Merey, who practices ophthalmology in West Palm Beach, Florida, was born in Budapest, Hungary, and survived ... -
IMMOFINANZ enters the segment of coworking spaces in Romania with mycowork
IMMOFINANZ, one of the leading companies in the local real estate market, announces the launch of the successful mycowork, a myhive flexible office product offering personalized ... -
Budapest ONE office building receives WELL and BREAM certifications
The first phase of Futureal Group’s Budapest ONE office building, already completed, has received WELL Health-Safety certification, which focuses on the health and well-being of employees. ... -
And the winners of the Mipim Awards are…
The Mipim Awards revealed their winners during the 31st edition of Mipim. . Among a wide range of international entries, the winners came from all over ... -
Seattle entrepreneur creates list of companies boycotting Russia and those that aren’t
A sampling of tech giants that have taken action in Russia. (Source: Ukrainian Coalition) Alex Algard watched in horror as the Russian army invaded Ukraine. “This ... -
GLOBE TRADE CENTER SA – Changes within the Supervisory Board of Globe Trade Center SA – SENS
Changes in the Supervisory Board of Globe Trade Centre S.A. GLOBE TRADE CENTRE S.A.(Incorporated and registered in Poland with KRS No. 61500)(Share code on the WSE: ... -
1st AmCham Sustainability Summit discusses journey to Net-zero
Claudia Patricolo of CEE Energy News (left) and climate and sustainability expert Martin Porter. Photo by Lazar Todoroff. Put COVID aside; forget, if you can, the ... -
Here’s how the Hungarian real estate market is affected by the historic low of the HUF
The Hungarian forint has hit a historic low in recent days. But how will this affect the Hungarian real estate market, and who will have a ... -
Magyar Posta inaugurates HUF 3 billion parcel depot
MTI – Econews Sunday, March 6, 2022, 10:00 a.m. Photo taken by Shutterstock.com State-owned postal company Magyar Posta on Friday inaugurated a HUF 3 billion parcel ... -
Lithuania’s fourth-quarter GDP growth revised upwards
Regional today Friday, March 4, 2022, 12:00 p.m. Photo by Feng Yu / Shutterstock.com Lithuania’s gross domestic product (GDP) grew 1.1% quarter on quarter in the ... -
Note to Democrats: Link Putin to Trump
Donald Trump looked at the Russian grip on Ukraine, the troop push into a sovereign nation, the explosion of mortars and missiles, the refugees and the ... -
Akadémia Business Center is reborn with a new identity
Europa Capital and ConvergenCE announced the rebranding of the recently acquired Akadémia business center in the heart of Budapest. Along with the launch of the renovation ... -
The construction industry faces a “more difficult” year in 2022
MTI – Econews Sunday, February 27, 2022, 1:40 PM Hungarian construction companies have completed a “fantastic year” in 2021 but face a “more difficult” one in ... -
Wyndham Positioned for International Expansion in 2022
Skift grip Wyndham plans to accelerate its recovery with a wave of international openings this year. The uncertain factor is whether investors want it, given that ... -
Biden announces sanctions in response to ‘beginning of Russian invasion of Ukraine’
Biden announces sanctions in response to ‘beginning of Russian invasion of Ukraine’ US President Joe Biden announces a “first tranche” of sanctions against Russia for what ... -
Hungary shows strong investment growth
The Szervita Square Building in central Budapest, sold by Horizon Development to Union Investment. Total investment for Hungary is expected to be between 1.4 billion and ... -
The Indotek Group reduced its carbon emissions by almost 600 tonnes in 2021
Over the past two years, Indotek Group, one of Hungary’s leading real estate investment management groups, has launched nearly 16 energy efficiency investments with a total ... -
McKinsey acquires Budapest-based digital consultancy IncepTech
Global consultancy McKinsey & Company has bolstered its digital division in Europe with the acquisition of IncepTech, a Hungarian company that develops digital products and businesses. ... -
Fast-growing financial firm cuts FiDi office by a third
Last year, JPMorgan Chase said the Covid-19 pandemic would significantly reduce its office needs, and HSBC said it would use 40% less space. Interpublic Group, owner ... -
Watch: Dubai billionaire rides donkey in memorable 1960s photo – News
Khalaf Al Habtoor publishes a photo taken in the Buraimi region Photo: @KhalafAlHabtoor/Twitter Published: Sun 13 Feb 2022, 12:05 Last update: Sun 13 Feb 2022, 22:52 ... -
Growing problem of oligarchs in Europe comes under scrutiny
Listen to the article The European Commission must step up its fight against “oligarchic structures” in EU countries, lawmakers said Thursday (February 10th). In a report, ... -
The 1st warehouse of Helloparks Maglód almost completely occupied
HelloParks Maglód’s first 46,000 m² warehouse is now operating at over 80% occupancy, and preparations for the next phase of the park have already begun, according ... -
BMW driver who got SIX speeding tickets last year named as man who killed Holocaust survivor
A real estate developer who had SIX speeding tickets last year is identified as the BMW driver who mowed down and killed a 99-year-old Holocaust survivor ... -
ESG criteria at the heart of investment strategies
Photo by Ip-studio / Shutterstock.com As evidenced by recent commercial office transactions in Budapest and the CEE, ESG investing (the integration of environmental, social and governance ... -
Europa Capital acquires the Akadémia business center
The Akadémia Business Center building, acquired by Europa Property. The pan-European real estate investment manager Europa Capital has acquired the 12,500 m² Akadémia business center, located ... -
Magyar Telekom Tvkzlesi Nyilvnosan Mkd Reszvenytrsasg: Another International Architecture Award Won by Telekom Headquarters
Budapest, February 3, 202213:30 As a project of the TIBA Architect Studio, the joint headquarters of Magyar Telekom and T-Systems won the BIGSEE Architecture Award in ... -
Poland is an attractive country for international hoteliers – The First News
Warsaw has advanced in the 2021 ranking of the most attractive markets to second place, just behind Prague. Albert Zawada/PAP A total of 60% of international ... -
UK sanctions threats are ‘alarming’ and ‘will backfire’, Kremlin says
Jhe United States and its allies have prepared a list of Russian elites in or near Russian President Vladimir Putin’s inner circle to face economic sanctions ... -
3 real estate actions to take advantage of rising rents
The U.S. housing market was booming last year, with sales of existing homes hitting their the highest level for about 15 years. In addition, historically low ... -
A commission of inquiry will be set up to investigate the “suspicious” real estate sales in Budapest
The Budapest Assembly has decided to set up a commission of inquiry to examine the sales of “suspicious” properties of the various directorates supported by Fidesz ... -
Housing rental rates in Hungary increase by 13% in December
MTI – Econews Wednesday, January 26, 2022, 12:00 p.m. Photo by Peter Gudella / Shutterstock.com Housing rental rates in Hungary rose 13.1% year-on-year in December, climbing ... -
Connecticut may be known for innovation, says new trade agency chief
Connecticut has long been known as the “land of stable habits.” But the new head of one of the state’s most prominent business development organizations wants ... -
UAE’s Al Habtoor group jumps into NFT craze
The NFT ecosystem seems unstoppable, Al Habtoor Group joins GAP and Walmart as the latest known multinationals to enter the NFT world. The NFT collection called ... -
Memorial Day: 76 years ago the expulsion of Hungarian Germans began
That day, January 19, 1946, began the organized expulsion from Hungary of Hungarian Germans, whose culture had become part of Hungarian culture through assimilation over the ... -
Government launches HUF 30 billion tender to support micro-enterprises
MTI – Econews Monday 17 January 2022, 09:50 Government The government is launching the Hungarian Village Business Restart Program, allocating HUF 30 billion to support micro-enterprises, ... -
These are the latest changes in real estate and rental prices in Hungary
A significant increase is expected in real estate and rental prices in Hungary. They are expected to reach the pre-pandemic period levels. Rental prices are expected ... -
Czech developer to build logistics center in Croatia
Regional today Thursday, January 13, 2022, 3:35 p.m. Czech developer RC Europe on Tuesday announced plans to build a distribution and logistics center in Croatia worth ... -
GLP expands logistics center in Sziget and purchases land
GLP has entered into a contract to acquire 22.3 hectares of land in Szigetszentmiklós, next to its existing Sziget logistics center, which will be extended by ... -
Griffes ranked 2nd most active office rental agency in 2021
Griffes ended 2021 with a significant increase in office leases, placing the agency in 2nd placesd the most successful real estate player in the intermediated office ... -
The most underrated cities in the world
“I hadn’t even planned to visit, but it ended up blowing my mind.” One of the most exciting things about traveling is that you never know ... -
The competition authority clears the acquisition of Avto Aktiv by AutoWallis
Image from Shutterstock.com The Slovenian competition authority has cleared AutoWallis to buy the activities and real estate of Avto Aktiv, according to a press release sent ... -
Wienerberger merges local paving stone and brick units
MTI – Econews Wednesday January 5, 2022, 2:10 PM Construction Image from geogif / Shutterstock.com Semmelrock Stein + Design, the Hungarian paving stone unit of Austrian ... -
TPG Real Estate signs deal for German studio Babelsberg – The Hollywood Reporter
TPG Real Estate Partners has entered into an agreement to acquire a majority stake in Studio Babelsberg AG, the German film studio. The acquisition of the ... -
The company of Prime Minister Orban’s son-in-law buys 57% of the capital of the Hungarian bank Granit Bank
BUDAPEST, Dec. 30 (Reuters) – Hungarian real estate holding company BDPST Zrt, owned by Prime Minister’s son-in-law Viktor Orban, is buying a 57% stake in small ... -
ATENOR: Delivery and sale of the DACIA ONE Project (Bucharest, ROMANIA)
Press release DDELIVERY AND SALE DE LA DACIA ONE PROJECT (BUCHAREST, ROMANIA) La Hulpe, December 28, 2021 ATENOR announces the closing of the sale of its ... -
In memoriam: Funeral notice, December 26, 2021 | Obituary
at the age of 90, passed away peacefully in her home on September 14, 2021. Peggy was born in Denver, Colorado on March 23, 1931 and ... -
Obituary of Valeria Mcneill (1927 – 2021) – Tucson, AZ
MCNEILL, Valéria Cook passed away on December 8, 2021 after 94 fabulous years, being born on August 11, 1927 in Budapest, Hungary to loving parents, Maria ... -
Government communication yields no results, Hungarian economy collapses
Although the government claims that the Hungarian economy is growing at an unprecedented scale, the figures do not support Prime Minister Orbán’s communication. According to World ... -
CPI PROPERTY GROUP – Significant progress on disposals
DGAP-News: CPI PROPERTY GROUP / Keyword (s): Sale20.12.2021 / 07:47 The sender is solely responsible for the content of this advertisement. IPC Property Group(anonimous society)40, rue ... -
This summer has been the strongest season for the Hungarian tourism industry
Hungary’s tourism industry has recovered, with the domestic sector having experienced its strongest summer season in history this year, a parliamentary state secretary in the prime ...
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