Sustainability

Sustainability

Demand for new homes weaker in Budapest

The average time it takes to sell a new home in Budapest has grown to six months. Sales figures indicate...

Sustainability

Duna House profit slips 21% in 2017

Listed real estate broker Duna Houseʼs after-tax profit fell 21% to HUF 918 million last year, an earnings report released...

Sustainability

CSOK home subsidy scheme expands in March

The government will expand its home purchase subsidy scheme for families with children, known by its Hungarian acronym "CSOK," from...

Sustainability

Investments up nearly 17% to historic high in 2017

In the fourth quarter of 2017, the dynamic increase in investments in the national economy continued, as the volume of...

Sustainability

Housing market develops faster in towns, villages outside capital

In 2017, 14,389 new dwellings were built in Hungary, 44% more than a year earlier. The number of dwellings built...

Sustainability

Higher wages, but lower chances of buying a home

The Central Statistical Office (KSH) recently reported growth in gross wages; however, this has not brought the chances of buying...

Sustainability

Renovated prefab homes seen as worthwhile investment

Prices between renovated and medium-quality homes in prefabricated buildings can be significant, making it worthwhile investing in such real estate,...

Sustainability

Housing price growth driven by scarcity of new homes

Prices on the Hungarian housing market continued to grow in the third quarter of 2017, both for new and resale...

Sustainability

New home prices growing steadily in Hungary

Residential real estate prices continued to grow in the third quarter of 2017, both compared to the previous quarter and...

Sustainability

Real estate market set to grow further this year

Property prices will continue to grow in Hungary this year, but at a slower pace, according to real estate site...

Sustainability

CPI Property Group wins ‘Deal of the Year’ accolade

CPI Property Group has won the title of “Investment Deal of the Year, CEE” at the Eurobuild Awards, the company...

Sustainability

Chinese interest on the rise for Hungarian homes

Real estate prices are rising Europe-wide and this trend is expected to continue for several years in Hungary, too. But...

Sustainability

Chinese keen to buy real estate in Hungary

The Chinese are showing a growing interest in buying real estate in Hungary. Last year 40% more Chinese were searching...

Sustainability

Average Budapest homes price tops HUF 500,000 per sqm

House prices in Budapest exceed the level recorded at end of 2008 by 51%, but in certain regions of Hungary...

Sustainability

Residential property market upswing continues

The housing market in Hungary shows signs of change: although the number of sold residential properties has decreased, prices have...

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...