Sustainability

Sustainability

Chinese spend HUF 40 million per home in Hungary

New home prices continue to grow in Hungary, rising by 8.8% year-on-year in the first quarter, a market survey by...

Sustainability

German Funds Play Central Role in Commercial Real Estate Investment Market

German institutional investors helped drive the development of Budapestʼs commercial real estate market, only to disappear from the scene in...

Sustainability

Hungarian Investment Market Suffers From Lack of Product

Investment volumes for the first half year are considered to be disappointing, although a number of deals have been pushed...

Sustainability

New home shortage expected from 2021

Takarék Mortgage Bank, previously known as FHB Mortgage Bank, expects home prices to continue rising this year, but the pace...

Sustainability

Household savings ratio rises; home loans at 15-year high

Hungaryʼs four-quarter rolling net household financial savings ratio rose further, to 5.5% of GDP, in the first quarter of 2018....

Sustainability

Otthon sells priciest homes in capitalʼs District 2

Not many high-priced homes are sold in Hungary, according to data compiled by residential real estate trading and advisory firm...

Sustainability

Hungaryʼs Q1 investments up more than 17%

The dynamic expansion in investments that characterized 2017 has persisted into the first quarter of 2018. The volume of investments...

Sustainability

Homes below HUF 15 mln increasingly rare in Budapest

This year so far, 1,300 properties have been sold at below HUF 15 million through the network of residential real...

Sustainability

Resale home market slowing in Budapest

The real estate market outside Budapest continues to grow. This year homes put up for sale increased by 5% in...

Sustainability

K&H Bank Q1 profit climbs 30%

First-quarter after-tax profit of K&H Bank, the Hungarian unit of Belgiumʼs KBC, rose 30% year-on-year to HUF 12.9 billion. Profits...

Sustainability

Budapest homes slightly overvalued, says MNB

While Hungaryʼs housing market has not yet overheated in the country as a whole, prices in Budapest "slightly exceed" the...

Sustainability

ECE to build EUR 200 mln shopping mall in capital

German property developer ECE on Wednesday announced plans to build a EUR 200 million shopping center in the north of...

Sustainability

Growth in home construction permits slows in Q1

In the first quarter of 2018, a total of 3,394 new homes were built, 65% more than a year earlier....

Sustainability

Budapestʼs central districts still most desirable to live in, says survey

As in 2016, Districts 1 and 5 of Budapest remain the most desirable to live in, according to the latest...

Sustainability

New and resale home prices continue to grow

Average prices for new homes rose 7.2% in 2017; at the same time, prices of resale homes increased at the...

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...