Sustainability

Report sees CEE continuing to outperform

GDP growth of 3.1% in Central and Eastern Europe (CEE) in 2015 was nearly double the 1.6% growth seen in...

Sustainability

Hungary’s brick production up 50% in H1

In the first half of the year, output by Hungarian brick producers increased by approximately 50% compared to the corresponding...

Sustainability

Property investment in first half exceeds last yearʼs total

The value of commercial real estate transactions in Hungary during the first half of this year tripled compared to the...

Sustainability

Duna House readying for potential IPO

Hungarian real estate broker Duna House is readying for an initial public offering (IPO) of its shares possibly as soon...

Sustainability

Hungary’s Competition Office clears MNB foundation’s real estate purchases

The Competition Office of Hungary (GVH) gave the go-ahead for the purchase of four new real estate properties by the...

Sustainability

MFB to provide HUF 115 bln in credit for energy efficiency upgrades

State-owned Hungarian Development Bank (MFB) will make HUF 115 billion in zero-interest credit available for energy efficiency upgrades of Hungarian...

Sustainability

MNB: Demand for home loans climbs

Hungarian banks disbursed HUF 41.5 billion in home loans to retail clients in April, up 72% from the same month...

Sustainability

Analysis: Home sales expected to reach 155,000 in 2016

The number of home sales in Hungary is foreseen to grow to approximately 155,000 from the previous year’s 130,000-135,000, according...

Sustainability

Nielsen: Hungary’s retail food sales up 5% in Q1

Retail food sales in Hungary were up 4.6% in the first quarter, as compared to the same period a year...

Sustainability

MNB: Banking sector ROE could reach 6-8% in 2016-2017

A lower tax burden, lending growth and improved cost efficiency could raise the return on equity of Hungaryʼs banking sector...

Sustainability

Investment fund acquires Zala Park shopping center

Magyar Posta Savings Real Estate Investment Fund has acquired the Zala Park shopping center in Zalaegerszeg, western Hungary, from a...

Sustainability

Fundamenta to grant HUF 100 bln in home loans this year

Home savings bank Fundamenta Lakáskasszaʼs outlays could reach HUF 200 billion in 2016, half of which could be new home...

Sustainability

OTP Q1 profit climbs 28% as risk costs plunge

OTP Bankʼs consolidated first-quarter after-tax profit rose 28% year-on-year to HUF 34.3 billion as risk costs fell, an earnings report...

Sustainability

CBRE: Hungary’s investment volume doubles in Q1, forecast upbeat

Hungary’s investment volume reached €208 million in the first quarter, nearly double that of the same quarter last year, according...

Sustainability

New home loan volume up to 50% in 2015

Volume of new home loans grew to around 50% last year, the National Bank of Hungary (MNB) said in its...

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

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...

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...

Sustainability, Residential

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,...

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

ESG Compliance Driving Investment

A sentiment report published by SIOR (Society of Industrial and Office Realtors) Europe and the University of the Built Environment...

Sustainability

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...

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

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...

Sustainability

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...

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...