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Tuesday 19 Sep 2017
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Ethnography Museum Construction In City Park To Start This Year
Construction of a new building to house the collections of Budapest’s Museum of Ethnography will start in the City Park as part of the Liget Project in the second half of this year, the project’s ministerial commissioner told parliament’s cultural committee on Wednesday. more »
More Empty Homes In 2016
There were 4.4 million homes in Hungary in 2016, the Central Statistics Office announced in its publication Mikrocenzus on Wednesday. more »
MNB Foundations Buy More Heritage Buildings
The National Bank’s foundations, Pallas Athéné Alapítványok, have purchased heritage-listed buildings on Andrássy út for Ft 14.9 billion, further boosting their real estate portfolio. more »

Jewish Community Plans To Open Three New Synagogues


Jewish Community Plans To Open Three New Synagogues
The Unified Hungarian Jewish Congregation (EMIH) is working to open three new synagogues in Hungary, the organisation’s chief rabbi Slomó Köves said in an interview to the daily Magyar Hírlap. Köves said that the Jewish community was undergoing a renaissance and there were more and more cultural events, openair festivals and exhibitions taking place nationwide. more »

Stock Exchange Palace To Be Revived


Stock Exchange Palace To Be Revived
Reconstruction work on the former Stock Exchange Palace on Szabadság Square in the Fifth District will begin next year from an investment of €38 million and the first tenants will occupy the prestigious building by 2020, international property consultancy Jones Lang LaSalle announced on Thursday. more »

CBRE Envisages ‘Major Deals’ This Year


CBRE Envisages ‘Major Deals’ This Year
The Hungarian investment property market can expect major business deals this year, according to a recent analysis sent to the Budapest Business Journal by CBRE Hungary. The real estate firm expects 2017 to reach last year’s EUR 1.54 billion (HUF 480 million) turnover. more »



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