189 result(s) for ai in Property
Budapest District Council Sells Landmark To Mellow Mood Group
- 22 May 2014 9:00 AM
- property
The local council of Budapest’s 5th district has sold the landmark Párizsi Udvar building near the Danube for 2.1 billion forints (EUR 6.9m) to Mellow Mood Group, which operates a luxury hotel in the neighbouring Klotild Palace. District mayor Antal Rogán said the local council lacked the several billions of forints required to renovate the building.
Hungary’s Property Developers To Complete Euro 152M Of Projects In 2014
- 29 Apr 2014 9:00 AM
- property
Members of Hungary’s Property Developers Roundtable Association (IFK) are expected to construct 71,000sqm of building space with a value of 152 million euros this year, the professional group told MTI. The scale of the projects is up 41% from last year. The value has climbed 29%. But IFK said it would still take 2-3 years for the pace of business to really pick up.
Hungarian Gov’t Extends Mortgage Moratorium
- 24 Apr 2014 9:00 AM
- property
The government on Wednesday decided to extend the moratorium on evictions of foreign currency mortgage debtors until a definitive solution to the problem is found, government spokesman András Giró-Szász told state news agency MTI.
Big Retailers Lobby For Big Premises In Hungary
- 18 Apr 2014 9:00 AM
- property
Large retailers are lobbying to relax a regulation banning the construction of new shopping centres larger than 300m², Napi Gazdaság writes. The government has not commented on whether the temporary ban introduced on January 1, 2012 would be terminated by the original deadline of December 31, 2014 or be extended.
Exchange Rate Cap Scheme Participants 38% Of FX Mortgage Stock In Hungary
- 15 Apr 2014 9:00 AM
- property
Borrowers accounting for about 38% of the total stock of foreign currencydenominated mortgage loans in Hungary have joined an exchange rate cap scheme that aims to make repayments easier, fresh data from the National Bank of Hungary show.
New Prestige Office Building Opens In Budapest
- 19 Mar 2014 8:00 AM
- property
The premium category Eiffel Palace office building has opened in Budapest’s Fifth District, near the Nyugati train station. Horizon Development invested €30 million in the renovation and reconstruction, with more than half of the financing provided by UniCredit bank.
Opera House In Budapest May Be Renovated
- 18 Mar 2014 8:00 AM
- property
The cabinet could approve a draft in the coming weeks for renovating the State Opera House, the institution’s director Szilveszter Ókovács told Inforádió on Monday. Ókovács recalled that the cabinet had issued a resolution calling on the Opera and the Ministry of Human Resources to present a strategic plan for several years ahead.
On The State Of Andrássy, Hungary's Champs-Élysées
- 15 Mar 2014 8:00 AM
- property
Andrássy Avenue has always been a major thoroughfare of luxury and elegance in Budapest, with spectacular neo-Renaissance town houses, palazzos and upscale apartment villas. It is no surprise that the avenue today attracts a large number of luxury and premium brand retailers, flagship stores and gourmet restaurants.
One-Third Now In FX Relief Programme In Hungary
- 13 Mar 2014 8:00 AM
- property
A total of 1,524 new debtors joined the fixed-rate foreign-currency mortgage repayment scheme in January, raising the number of participants to 168,961 since its launch on April 1, 2012, the National Bank reports.
Budapest District Council Sells Landmark To Mellow Mood Group
- 22 May 2014 9:00 AM
- property
The local council of Budapest’s 5th district has sold the landmark Párizsi Udvar building near the Danube for 2.1 billion forints (EUR 6.9m) to Mellow Mood Group, which operates a luxury hotel in the neighbouring Klotild Palace. District mayor Antal Rogán said the local council lacked the several billions of forints required to renovate the building.
Hungary’s Property Developers To Complete Euro 152M Of Projects In 2014
- 29 Apr 2014 9:00 AM
- property
Members of Hungary’s Property Developers Roundtable Association (IFK) are expected to construct 71,000sqm of building space with a value of 152 million euros this year, the professional group told MTI. The scale of the projects is up 41% from last year. The value has climbed 29%. But IFK said it would still take 2-3 years for the pace of business to really pick up.
Hungarian Gov’t Extends Mortgage Moratorium
- 24 Apr 2014 9:00 AM
- property
The government on Wednesday decided to extend the moratorium on evictions of foreign currency mortgage debtors until a definitive solution to the problem is found, government spokesman András Giró-Szász told state news agency MTI.
Big Retailers Lobby For Big Premises In Hungary
- 18 Apr 2014 9:00 AM
- property
Large retailers are lobbying to relax a regulation banning the construction of new shopping centres larger than 300m², Napi Gazdaság writes. The government has not commented on whether the temporary ban introduced on January 1, 2012 would be terminated by the original deadline of December 31, 2014 or be extended.
Exchange Rate Cap Scheme Participants 38% Of FX Mortgage Stock In Hungary
- 15 Apr 2014 9:00 AM
- property
Borrowers accounting for about 38% of the total stock of foreign currencydenominated mortgage loans in Hungary have joined an exchange rate cap scheme that aims to make repayments easier, fresh data from the National Bank of Hungary show.
New Prestige Office Building Opens In Budapest
- 19 Mar 2014 8:00 AM
- property
The premium category Eiffel Palace office building has opened in Budapest’s Fifth District, near the Nyugati train station. Horizon Development invested €30 million in the renovation and reconstruction, with more than half of the financing provided by UniCredit bank.
Opera House In Budapest May Be Renovated
- 18 Mar 2014 8:00 AM
- property
The cabinet could approve a draft in the coming weeks for renovating the State Opera House, the institution’s director Szilveszter Ókovács told Inforádió on Monday. Ókovács recalled that the cabinet had issued a resolution calling on the Opera and the Ministry of Human Resources to present a strategic plan for several years ahead.
On The State Of Andrássy, Hungary's Champs-Élysées
- 15 Mar 2014 8:00 AM
- property
Andrássy Avenue has always been a major thoroughfare of luxury and elegance in Budapest, with spectacular neo-Renaissance town houses, palazzos and upscale apartment villas. It is no surprise that the avenue today attracts a large number of luxury and premium brand retailers, flagship stores and gourmet restaurants.
One-Third Now In FX Relief Programme In Hungary
- 13 Mar 2014 8:00 AM
- property
A total of 1,524 new debtors joined the fixed-rate foreign-currency mortgage repayment scheme in January, raising the number of participants to 168,961 since its launch on April 1, 2012, the National Bank reports.