Sustainability

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

Nearly 150,000 real estate transactions took place in 2019

According to estimates by real estate services firm Duna House, some 10,127 real estate transactions took place in December 2019...

Sustainability

Healthy Interest in CEE From Investors

In the first three quarters of 2019, the CEE region (Hungary plus Bulgaria, the Czech Republic, Poland, Romania, and Slovakia)...

Sustainability

Duna House: residential property market to increase 3-7%

Real estate holdings group Duna House expects a drop in turnover but a 3-7% overall increase in the residential property...

Sustainability

Wing becomes majority owner of Echo Investment

Hungarian property company Wing is now the majority owner of Polish real estate developer Echo Investment, a company traded on...

Sustainability

Panel house market momentum slows

A slowdown has arrived even for the cheapest available panel flats, says piacesprofit.hu. The 5% rise in Budapest prices over...

Sustainability

Lending business shows no signs of overheating – MNB

Hungarian banksʼ booming lending business shows no signs of overheating and lenders are well-prepared to manage external risks, but financial...

Sustainability

Product Availability a Brake on Investment Despite Strong Demand

Commercial property investment for Hungary reached EUR 1.1 billion for the first three quarters of the year according to Savills...

Sustainability

K&H Q1-Q3 earnings reach HUF 37.7 bln

After-tax profit of Hungaryʼs K&H group, owned by Belgiumʼs KBC, reached HUF 37.7 billion in Q1-Q3, climbing 5% year-on-year when...

Sustainability

Real estate market keeps changing in fall – DH Barometer

The ratio of those who buy homes with an investment purpose is on the decline, while the time needed to...

Sustainability

Office market still going strong in Q3, says CBRE

According to CBREʼs third-quarter real estate market report, the commercial market shows no signs of slowing down, despite the recent...

Sustainability

Housing market grows slowly in Q1-Q3 2019

The housing market in Hungary saw a moderate expansion in the first three quarters of the year, with significantly higher...

Sustainability

Enthusiastic Visionary Optimistic About Sustainable Future

Nándor Kovács jokingly describes himself as a “revolutionary” when it comes to real estate sustainability. Spend just a little time...

Sustainability

Westend Shopping Center Wins Green Investment of the Year Award

One of the leading Budapest malls, Westend Shopping Center, operated by Gránit Pólus Group, has won the “Green Investment of...

Sustainability

ESG Elements Central to Investment and Financing

Analysts say a sustainable recovery in the investment markets is underway, although investors are more selective in how they allocate...

Sustainability

Accreditation Systems Face More Complex Demands

Developers and asset owners in the region see a growing need for higher-level third-party sustainability accreditations such as BREEAM, LEED,...

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...

Enthusiastic Visionary Optimistic About Sustainable Future

Nándor Kovács jokingly describes himself as a “revolutionary” when it comes to real estate sustainability. Spend just a little time...

Westend Shopping Center Wins Green Investment of the Year Award

One of the leading Budapest malls, Westend Shopping Center, operated by Gránit Pólus Group, has won the “Green Investment of...

ESG Elements Central to Investment and Financing

Analysts say a sustainable recovery in the investment markets is underway, although investors are more selective in how they allocate...

Accreditation Systems Face More Complex Demands

Developers and asset owners in the region see a growing need for higher-level third-party sustainability accreditations such as BREEAM, LEED,...

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...