Hungarian Government to accelerate investment in rust zones
The concept of “rust zones” was introduced by the Hungarian legislation in 2020, covering neglected area reserves. Rust zones, due to the expansion of the cities, are now wedged...
Tag: Hungary
GTC acquires Vaci Greens D and strengthens its portfolio in Budapest
GTC, a leading developer and asset manager in Central and Eastern Europe, has decided to extend its Hungarian portfolio with the new development, the Váci Greens D office building...
Futureal raises €150 million in green bonds
Hungarian developer Futureal has completed its first-ever green bond issue as part of the National Bank of Hungary’s (MNB) Bond Funding for Growth Scheme (BGS). The company received bids...
SES’s latest retail location in Hungary goes live despite COVID-19 lockdown
SES Spar European Shopping Centers, the owner and operator of S-PARK Kaposvár, opened a retail park in the Somogy region. As a result of a renewed lockdown in the...
CTP invests €60 million to build fourth logistics park in Budapest
CTP, the Netherlands-based European industrial real estate developer, is expanding its logistics park network in the Budapest area following the acquisition of land in Vecsés, a strategic location in...
Park Atrium undergoes complete interior design and brand rejuvenation
Park Atrium office building – with its remarkable 17-year history and iconic architecture – welcomes 2021 with a new identity, rearranged and optimized functionalities, and fresh interior design ideas...
Etele Plaza in Budapest receives an occupancy permit
The €300 million Etele Plaza developed by Futureal in Budapest has received an occupancy permit. Therefore, tenants can now start setting up their stores in Buda’s largest shopping centre....
W Budapest Hotel planned to be unveiled in 2022
Hungarian integrated architecture and building services provider DVM group started the construction works of Drechsler Palace in January 2021 at 25 Andrássy Avenue, Budapest. The monument building was also...
New Work launches own franchise concept
According to JLL, the demand for flex space will grow by 300 percent due to Covid-19. Clients needs have clearly changed and flexibility and additional services are the main...
A farewell to Attila Kovács
Attila Kovács, founder and managing partner of DVM group and Horizon Development passed away on 10 February 2021 at the age of 51. The professional legacy and the uniquely...
SES opens retail park in Kaposvár, Hungary
SES Spar European Shopping Centers, developer and operator, announced the opening to the general public of retail park of the Hungarian city of Kaposvár and the entire Somogy district,...
DVM group joins Studio Alliance as founding member
Integrated building services company DVM group became a founding member of Studio Alliance, a formal group of workplace experts who share common values, ethics and goals when delivering projects...
