"Hungary beat Poland and Czech Republic in the fourth annual Site Selection Best to Invest rankings of nations and metro areas for investment-attraction activity in 2011. The national Investment Promotion Agencies recognized here were particularly successful in 2010 at attracting capital investment projects — both expansions of existing facilities and new projects — from investors at home and abro…

In 1928, the capital bought the building – located at 1053 Budapest, Károlyi Mihály utca 16. - for 5 million pengős (the Hungarian currency until 1946) as a worthy place to house the collection of the Budapest Picture Gallery. The private palace was turned into a public building and stripped of everything that was thought not to be in keeping with this: its textile hangings, chandeliers, wall-mir…

"Appeninn Holding has purchased a historic 3,720 sqm. building at Mérleg u. 4 in Budapest’s Fifth District, the property manager announced. The office building designed by József Hild was erected in 1848. Current occupancy is 90%. Appeninn, which specialises in B-category office buildings, is planning further acquisitions in the second quarter. “Our goal is to double total assets,” said president …

"Hervé Morin, a French-American business consultant, had to look for quite a while before he found his investment bargain in December 2011. “I knew it was time to put money in real estate,” but, he said, he could not decide on which appealing segment of the Hungarian capital’s property market to place his bet — from high-end family homes to pied-à-terre in the city center."

This 1% is the first price increase for home owners in 1.5 years, according to the report published yesterday by a leading Hungarian real estate firm. Prefab residential properties in Budapest's north-western section were the highest, with a price tag of HUF 274,00 per square meter based on the Quarter 1 figures.