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Monday 20 Nov 2017
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Millenáris Park In Buda Expands Costing HUF 17 Billlion
Minister for National Development Miklós Seszták has announced that the government will expand the Millenáris Park in Budapest’s 2nd district by 2.5 acres, a project worth HUF 17 billion (USD 65 million), reports Index.hu. more »
Student Rents In Budapest Monthly Average Euro 490
Student rental accommodation in Budapest is being advertised for a monthly 150,000 forints (EUR 490) on average, according to estate agents. more »
Shelfie Aims To Break Glass Ceiling Of Design Furniture
Hungarian startup Shelfie aims to revolutionize how the youth thinks about furniture, as the creator wishes to offer an alternative to those who cannot or do not want to pay for expensive design furniture, according to a press statement sent to the Budapest Business Journal. more »

Construction Sector Output Jumps 35% In May


Construction Sector Output Jumps 35% In May
Output of Hungary’s construction sector rose by an annual 35.4% in May, the Central Statistical Office (KSH) said. KSH noted that the jump came from a low base. Output of the building segment was up by 27.2% during the period while output of the civil engineering segment soared 46.4%. more »

Construction Of Corvin 5 Office Building Started In Budapest


Construction Of Corvin 5 Office Building Started In Budapest
Futureal Group has started the construction of Corvin 5 office building in Budapest, Hungary. The first phase of the building, equipped with the latest environmentally friendly technologies is expected to be handed over by the end of 2018. more »

Trei Real Estate Sells 40 Spar Supermarkets In Hungary


Trei Real Estate Sells 40 Spar Supermarkets In Hungary
Trei Real Estate, the property arm of the German Tengelmann Group, sold a portfolio of 40 Spar leased supermarkets to Erste Asset Management on the last day of June, which Trei claims is the largest Hungarian retail portfolio transaction so far this year, according to a press release sent to the Budapest Business Journal. more »



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