Sustainability

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

Chinese buyers attracted to Hungarian real estate

Demand for Hungarian real estate from buyers outside the EU, although still relatively low, has grown lately. The percentage of...

Sustainability

Home loan outlays reached HUF 605 bln in 2017

Home loan outlays in some 105,000 loan contracts reached HUF 605 billion in 2017, a summary of data published by...

Sustainability

Vacation home prices on the rise

Vacation home prices in Hungary have grown abruptly, in some areas by as much as 20%. In towns around Lake...

Sustainability

No new homes in Budapest below HUF 20 mln

The continuous rise in real estate prices in Budapest is pushing buyers outside the capital city, where homes are somewhat...

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...