Office building value €1 bln in 2005

Sustainability

The market value of office building facilities in Budapest in 2005 is expected to be the same record of €1 billion reached in 2004, CEO of international real estate consultant CB Richard Ellis Adrienne Konthur told reporters on Tuesday. In CBRE's estimate, the volume of capital to be invested in real estate in Central and Eastern Europe stands between €15 billion and €20 billion, out of which €5.5 billion worth of investment is expected to be completed by the end of 2005, Konthur said. The most popular target capitals of these investments in the region are still Warsaw, Prague, Budapest and Bratislava, she said.

ADVERTISEMENT

17% of homeowners plan renovations this year Analysis

17% of homeowners plan renovations this year

Meeting called to address Pegasus spyware lacks quorum  Parliament

Meeting called to address Pegasus spyware lacks quorum 

Skanska commercial dev unit names new EVP of operations Hung... Appointments

Skanska commercial dev unit names new EVP of operations Hung...

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.