59 result(s) for financial in Property
Budapest Ends Long-Running Dispute With CET Investor
- 13 Jun 2013 9:01 AM
- property
The city of Budapest has reached an out of court settlement with Porto Investment, the financial investor behind the moribund CET (Central European Time) project which has transformed historic warehouses on the Danube in the Ninth District.
Owner Ready To Sell Ballet Institute In Budapest
- 31 May 2013 9:00 AM
- property
Banco Commercial Portugues is looking to sell the former Ballet Institute building on Andrássy út, according to reports. The bank’s Hungarian representatives, the law firm of Dessewfy és Dávid, held talks on Monday with Sixth District officials, who are helping in the search for a financially sound buyer who would renovate the building across from the Opera House as soon as possible.
Mortgage Aid Deadline Cancelled In Hungary
- 28 May 2013 9:00 AM
- property
The May 31 deadline for joining the government’s fixed-rate mortgage scheme was lifted by Parliament on Monday. In the relevant committee, the representative of the government disagreed with the idea of leaving the scheme open indefinitely and suggested a new deadline of July 1, 2017.
CEE Property Markets: Stalled Recovery Or The Beginning of Another Recession?
- 18 Dec 2012 8:00 AM
- property
According to KPMG’s new publication CEE Property Lending Barometer 2012, banks appear to be even less sanguine about a recovery of the real estate market. To assess the prospects for bank financing in the CEE real estate sector, KPMG surveyed 35 of the region’s leading banks. Despite the gloom, real estate projects with a strong business case do receive finance. It’s a typical scene in the region.
Hungarian Debtors Shy From Fixed-Rate Repayment
- 30 Nov 2012 8:00 AM
- property
The number of foreign-currency mortgage debtors joining the fixed-rate repayment scheme was 15,552 in October, the financial supervisory Pszáf has announced. The scheme allows debtors to temporarily fix loan repayments at a rate of Ft 180 to the Swiss franc, or Ft 250 to the euro, while the difference between the actual and fixed exchange rates would accumulate in an accrual account to be repaid ...
The New Construction Law To Bring Changes In Hungary
- 27 Sep 2012 9:00 AM
- property
The new construction law can bring a regime change to the building industry – said the Ministry of Interior’s Deputy State Secretary for Regional Development and Construction Péter Szaló on Tuesday during a consultation with building industry entrepreneurs in Székesfehérvár.
Budapest Airport Turns To The Constitutional Court Over Land Tax
- 29 Jun 2012 9:00 AM
- property
Budapest Airport has submitted a petition to the Constitutional Court of Hungary, as the airport operator believes that it has been the subject of a disproportionately large increase in land tax this year. Budapest Airport’s view is that the sudden and disproportionate increase in local land tax violates constitutional principles.
Xpat Opinion: Never Ending Land Swap Story Of Sukoró
- 24 Apr 2012 9:00 AM
- property
In case you forgot what Sukoró is all about, it was a land swap involving Joav Blum, a Hungarian-Israeli businessman, and the Hungarian state. The details of the swap were handled by the Magyar Nemzeti Vagyonkezelő (MNV), a government office in charge of state properties.
Low Rents For Failed Mortgage Debtors In Hungary
- 22 Mar 2012 8:00 AM
- property
"The cabinet yesterday decided that very low rents will be charged to troubled mortgage borrowers who sell their homes to the National Asset Manger (NET). The NET was created last year to buy an estimated 25,000 homes by 2014 at 35-55% of market value from financially strapped mortgage debtors, who will become tenants.
Budapest Ends Long-Running Dispute With CET Investor
- 13 Jun 2013 9:01 AM
- property
The city of Budapest has reached an out of court settlement with Porto Investment, the financial investor behind the moribund CET (Central European Time) project which has transformed historic warehouses on the Danube in the Ninth District.
Owner Ready To Sell Ballet Institute In Budapest
- 31 May 2013 9:00 AM
- property
Banco Commercial Portugues is looking to sell the former Ballet Institute building on Andrássy út, according to reports. The bank’s Hungarian representatives, the law firm of Dessewfy és Dávid, held talks on Monday with Sixth District officials, who are helping in the search for a financially sound buyer who would renovate the building across from the Opera House as soon as possible.
Mortgage Aid Deadline Cancelled In Hungary
- 28 May 2013 9:00 AM
- property
The May 31 deadline for joining the government’s fixed-rate mortgage scheme was lifted by Parliament on Monday. In the relevant committee, the representative of the government disagreed with the idea of leaving the scheme open indefinitely and suggested a new deadline of July 1, 2017.
CEE Property Markets: Stalled Recovery Or The Beginning of Another Recession?
- 18 Dec 2012 8:00 AM
- property
According to KPMG’s new publication CEE Property Lending Barometer 2012, banks appear to be even less sanguine about a recovery of the real estate market. To assess the prospects for bank financing in the CEE real estate sector, KPMG surveyed 35 of the region’s leading banks. Despite the gloom, real estate projects with a strong business case do receive finance. It’s a typical scene in the region.
Hungarian Debtors Shy From Fixed-Rate Repayment
- 30 Nov 2012 8:00 AM
- property
The number of foreign-currency mortgage debtors joining the fixed-rate repayment scheme was 15,552 in October, the financial supervisory Pszáf has announced. The scheme allows debtors to temporarily fix loan repayments at a rate of Ft 180 to the Swiss franc, or Ft 250 to the euro, while the difference between the actual and fixed exchange rates would accumulate in an accrual account to be repaid ...
The New Construction Law To Bring Changes In Hungary
- 27 Sep 2012 9:00 AM
- property
The new construction law can bring a regime change to the building industry – said the Ministry of Interior’s Deputy State Secretary for Regional Development and Construction Péter Szaló on Tuesday during a consultation with building industry entrepreneurs in Székesfehérvár.
Budapest Airport Turns To The Constitutional Court Over Land Tax
- 29 Jun 2012 9:00 AM
- property
Budapest Airport has submitted a petition to the Constitutional Court of Hungary, as the airport operator believes that it has been the subject of a disproportionately large increase in land tax this year. Budapest Airport’s view is that the sudden and disproportionate increase in local land tax violates constitutional principles.
Xpat Opinion: Never Ending Land Swap Story Of Sukoró
- 24 Apr 2012 9:00 AM
- property
In case you forgot what Sukoró is all about, it was a land swap involving Joav Blum, a Hungarian-Israeli businessman, and the Hungarian state. The details of the swap were handled by the Magyar Nemzeti Vagyonkezelő (MNV), a government office in charge of state properties.
Low Rents For Failed Mortgage Debtors In Hungary
- 22 Mar 2012 8:00 AM
- property
"The cabinet yesterday decided that very low rents will be charged to troubled mortgage borrowers who sell their homes to the National Asset Manger (NET). The NET was created last year to buy an estimated 25,000 homes by 2014 at 35-55% of market value from financially strapped mortgage debtors, who will become tenants.