Real Estate

Gem of Lake Balaton – HUF 1.7 billion Priority Project Handed Over

The local government of Balatonfüred has been awarded non-reimbursable EU funding amounting to HUF 1.5 billion.

CB Richard Ellis Says Real Estate Investment Has Increased in CEE

”Investment volume in real estate in Hungary amounted to around 500 million euros in 2009, out of which 77 pct was generated in the second half of the year.

TriGranit Starts Gigantic Project in Slovakia

TriGranit, Hungary’s leading real estate development corporation already present at many locations in Europe has initiated its gigantic EUR 1.5 billion project near Bratislava, Slovakia.

MAV's Budapest Headquarters Offered for Sale for Third Time

The state railway company MAV has offered its 5,900 sqm headquarters in Budapest's exclusive Andrassy Street, it was announced on October 5.

Call for Tender for Former Military Airport

The Hungarian State Holding Company invites bidders for the real estates of the former military airport in Taszár.

BILK Completes HUF 2 Billion Warehouse

A HUF 2 billion, 15,000-square-meter warehouse has been completed at the Budapest Intermodal Logistics Center (BILK), BILK CEO Miklos Marjan said on July 30.

Tesco Sells Stores in Hungary for EUR 63 Million, Then Rents Them Back

UK supermarket chain Tesco is selling its real estate in Hungary.

Industrial and Logistics Property Sector Sees Sustained Investor Interest

Despite generally subdued levels of investment activity in the European real estate market over the past year and a half, there is still evidence of interest in the industrial and logistics sector according to new research from CB Richard Ellis.

Ice-Skating Rink in City Park to Be Renewed by the End of 2010

The foundation stone of the project ”Gateway to City Park” was laid on 24 June.

Legislators Endorsed New Tax Bills and Amendments

An old debate has reached its end when the real estate tax was accepted by the cabinet and the Parliament has endorsed the bill.

News Monitoring