Sustainability

Sustainability

Fewer real estate projects launched in Q1

The effects of the coronavirus are already being felt in the real estate market, as evidenced by the launch of...

Sustainability

Real estate market activity almost back at 2019 levels

Real estate market activity in February was almost as high as in the same month of 2019, with more than...

Sustainability

Home loan outlays rise to HUF 77.7 bln in January

Hungarian banks signed home loan contracts worth HUF 77.69 billion in January, 23% more than in the same month a...

Sustainability

Home sales slightly down y.o.y. in February

Approximately 13,117 homes were sold in February 2020, about 3% fewer than in the same period of 2019, according to...

Sustainability

Duna House earnings drop 40% in 2019

Listed real estate broker Duna Houseʼs consolidated after-tax profit fell 40% to HUF 1 billion last year, an earnings report...

Sustainability

Dwelling construction up 20% in 2019

According to a recent report by the Central Statistical Office (KSH), some 21,127 new dwellings were built in 2019, 20%...

Sustainability

Central Europe Continues to Attract Investors

2020 is forecast to be another very active year in the Central European investment markets, with further growth in activity...

Sustainability

Cordia acquires controlling stake in Polish peer Polnord

Hungarian property developer Cordia has raised its stake in listed Polish peer Polnord from 1.14% to 65.66%, after acquiring almost...

Sustainability

Home price growth slows countrywide in Hungary

Home price growth slowed in Hungaryʼs biggest cities as well as the capital in the third quarter, a report released...

Sustainability

EUR 1.72 bln invested in real estate last year

Last year, EUR 1.72 billion was invested in the domestic real estate market, according to the latest analysis from real...

Sustainability

Investment Volumes Expected to Follow Pattern of Previous Year

A wider pool of international investors have made acquisitions in Hungary, although domestic funds represent around 50% of activity. While...

Sustainability

Wing Completes Acquisition of Echo Investment

Wing is now a majority owner of Echo investment, one of the largest developers in Poland, as the Hungarian company...

Sustainability

Duna House commissions revenue down 8.9% in Q4

Commissions revenue of listed real estate broker Duna House fell 8.9% year-on-year to HUF 1.9 billion in Q4, Hungarian news...

Sustainability

Duna House acquires Polish loan broker

Duna House Groupʼs fully-owned subsidiary Metrohouse Franchise S.A. has signed an acquisition agreement in Warsaw, becoming the sole owner of...

Sustainability

Home loan outlays fell in November

Hungarian banks signed contracts for HUF 73.44 billion of new home loans in November 2019, 9% less than in October...

Sustainability

The Business Case for Building Less, and Managing Better

Tibor Karsai, managing director of Rustler Kft., explains how coordinated design, investment and property operations can make circular strategies commercially...

Sustainability

Taking Discipline, Perseverance, and Goal-setting from the Pool to the Workplace

In his sporting life, Valter Kalaus was an Olympic swimmer at 18 and, now 56, competes regularly in Masters events....

Sustainability

Summer Heatwave Underscores Need for Urban Responsibility

Real estate sustainability is a top-down mindset: if a landlord’s leadership doesn’t walk the walk, employees won’t, and neither will...

Industrial, Sustainability

Demand for Prime Sustainable Industrial Space Remains High

The Central and Eastern European industrial and logistics markets are seen as an attractive development and investment option, with leading...

Sustainability

Allee Achieves Leading Sustainability Performance Among CEE Retail Properties

Allee Shopping Center has achieved a 5-star rating from the internationally recognized GRESB (Global Real Estate Sustainability Benchmark) system, ranking...

Sustainability

Apollo Tyres Achieves ISCC+ Certification for Hungary Facility,

Apollo Tyres' facility in Hungary has been awarded the International Sustainability and Carbon Certification Plus (ISCC+) certification, the company tells...

Sustainability

Lightware Reinforces ESG Commitment with Participation in Girls in STEM Day

Lightware continues to strengthen its Environmental, Social, and Governance (ESG) initiatives by fostering diversity, inclusion, and community engagement within the...

Sustainability

Schaeffler Expands Solar Park in Szombathely as Part of Climate Strategy

Schaeffler Savaria Kft., the Hungarian subsidiary of the global Schaeffler Group, has expanded its on-site solar park in Szombathely, reinforcing...

Sustainability

Erste Purchase Proves ESG key to Major Investment Deals

ESG issues are becoming central to transactions at the high end of the commercial real estate markets, as exemplified by...

The Business Case for Building Less, and Managing Better

Tibor Karsai, managing director of Rustler Kft., explains how coordinated design, investment and property operations can make circular strategies commercially...

Taking Discipline, Perseverance, and Goal-setting from the Pool to the Workplace

In his sporting life, Valter Kalaus was an Olympic swimmer at 18 and, now 56, competes regularly in Masters events....

Interior ESG Elements now Central to the Real Estate Industry

ESG interior elements related to building use trends, design, layout, amenities, and property and facility management are now seen as...

Summer Heatwave Underscores Need for Urban Responsibility

Real estate sustainability is a top-down mindset: if a landlord’s leadership doesn’t walk the walk, employees won’t, and neither will...

Cordia Starts Construction of 360° Residential Project

Cordia, part of Hungary’s Futureal Group, is expanding in Spain with the official start of construction of 360° by Cordia,...

Demand for Prime Sustainable Industrial Space Remains High

The Central and Eastern European industrial and logistics markets are seen as an attractive development and investment option, with leading...

ESG Compliance Driving Investment

A sentiment report published by SIOR (Society of Industrial and Office Realtors) Europe and the University of the Built Environment...

Lurdy Ház Earns BREEAM In-Use ‘Very Good’ Certification

Lurdy Ház in Budapest has now obtained the BREEAM In-Use “Very Good” certification, confirming the complex’s energy-efficient operation and environmentally...

Allee Achieves Leading Sustainability Performance Among CEE Retail Properties

Allee Shopping Center has achieved a 5-star rating from the internationally recognized GRESB (Global Real Estate Sustainability Benchmark) system, ranking...

Sustainability Pays: International Green Building Week Opens in Hungary

Hungary has joined a growing number of countries participating in International Green Building Week, a global initiative led by the...

ESG Elements Crucial to Sourcing Finance

Commercial lenders have become increasingly influential in shaping ESG practices in the Central European real estate sector, particularly through the...

Apollo Tyres Achieves ISCC+ Certification for Hungary Facility,

Apollo Tyres' facility in Hungary has been awarded the International Sustainability and Carbon Certification Plus (ISCC+) certification, the company tells...

Lightware Reinforces ESG Commitment with Participation in Girls in STEM Day

Lightware continues to strengthen its Environmental, Social, and Governance (ESG) initiatives by fostering diversity, inclusion, and community engagement within the...

Schaeffler Expands Solar Park in Szombathely as Part of Climate Strategy

Schaeffler Savaria Kft., the Hungarian subsidiary of the global Schaeffler Group, has expanded its on-site solar park in Szombathely, reinforcing...

Erste Purchase Proves ESG key to Major Investment Deals

ESG issues are becoming central to transactions at the high end of the commercial real estate markets, as exemplified by...