Sustainability

Sustainability

Home sales down in August – Duna House

According to real estate agency Duna House, home sales fell 16% year-on-year in August, with 11,945 homes sold, meaning that...

Sustainability

Dunakeszi, Szigetszentmiklós increasingly popular satellites

The municipalities of Dunakeszi (18 km north of Budapest) and Szigetszentmiklós (20 km south of the capital) have become the...

Sustainability

Hungarians need seven yearsʼ salary for new home – Deloitte

Although home prices in Hungary have risen at the fastest clip in Europe, it still takes Hungarians only a little...

Sustainability

Nordic Light Trio Acquired by Asian Investors

Skanska has sold the 14,000 sqm Nordic Light Trio office building to JR AMC, a South Korean real estate investment...

Sustainability

Duna House sees lower activity, higher prices in Q2

Investors were less active on the real estate market in the second quarter of 2019 than a year before, with...

Sustainability

Duna House signs for HUF 2.4 bln loan from Raiffeisen

Hungarian real estate agency Duna House Holding said on Thursday that it has signed a contract with Raiffeisen Bank for...

Sustainability

Lack of Suitable Product Puts Brake on Investment Volume

Development and liquidity in Central European markets continue to be hampered by a limited supply of investment grade product....

Sustainability

Home purchase subsidy boosts real estate market in villages

The extension of the Home Purchase Subsidy Scheme for Families to some Hungarian villages (“Falusi CSOK”) has boosted the domestic...

Sustainability

Lakeside real estate prices skyrocket

Towns around Lake Balaton have real estate prices similar to those in Budapest, with Balatonfüred being the most expensive, according...

Sustainability

Investments up 26% in Q1 2019

In the first quarter of 2019, the dynamic expansion in investment that marked the whole of 2018 intensified further, as...

Sustainability

Hungary M&A value drops to USD 3.35 bln in 2018

The value of Hungarian mergers and acquisitions fell 17% year-on-year to an estimated USD 3.35 billion in 2018, data compiled...

Sustainability

Home price gap widens, overvaluation risk in Budapest grows

Amid continued dynamic growth in home prices, territorial differences in the Hungarian housing market strengthened and the risk of overvaluation...

Sustainability

Office Becomes the Sector of Choice for Investors

The office market is regarded as the investment destination of choice with strong fundamentals such as high demand, low vacancy,...

Sustainability

Limited Number of Investment Assets Restricts Liquidity

Around EUR 1.7 billion in commercial real estate transactions was concluded in 2018 and an estimated EUR 1.3 bln-1.5 bln...

Sustainability

Real estate prices to keep rising – GKI

Real estate prices are set to rise in every category in the next 12 months in Hungary, with prices of...

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...