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Árpád road 142.

4th district, Budapest
Condominum of 76 units

Vörösmarty Garden

7th district, Budapest
Condominium of 68 units

Erkel House

8th district, Budapest
Condominium of 272 units


11th district, Budapest
Condominium of 63 units

White Castle

11th district, Budapest
Condominium of 110 units


13th district, Budapest
Condominium of 362 units

News of economy and real estate market

The number of new homes built could increase by 14% this year compared with last year, partly as a result of the government’s family home subsidies, Csaba Dömötör, a state secretary at the Prime Minister’s Office, told public news channel M1 on Friday. In addition, the number of homebuilding permits issued this year rose 2.5 fold compared with last year, he added.
Last week news site published a lengthy exposé of attorney and former Budapest District 5 assemblyman Balázs Kertész, who, among other things, allegedly played a central role in the sale of district-owned real estate at substantially below market prices to individuals or companies close to Hungary’s governing Fidesz party.
Cushman & Wakefield has been appointed to undertake property management and leasing services at the Mammut Shopping and Entertainment Center in Budapest, as of November 1, according to a press release sent to the Budapest Business Journal
DAV, owned by Raiffeisen Group, has sold its shares in Premier Outlet – considered to be Hungary’s leading outlet center – to co-owner POC Kft., according to a press statement sent to the Budapest Business Journal today.
Munich-based real estate fund management group GLL Real Estate Partners has acquired the historic Váci 1 building from Horizon Development, according to a press release sent to the Budapest Business Journal today. The seller was legally advised on the transaction by Lakatos, Köves & Partners, while the buyer was represented in the deal by Dentons.