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Hungary's Gov To Remove Foreign-Currency Denominated Mortgages From Market

The Government has given the economy minister, Mihály Varga, a mandate to remove foreign-currency denominated mortgages from the Hungarian financial system, Prime Minister Viktor Orbán said in his regular morning interview on Kossuth public radio, adding that a solution is required, which does not endanger the financial system.

Appointment of Zoltan Lehoczky as Global Outsourcing Director in ATALIAN Hungary

The board of ATALIAN Hungary is proud to announce that it strengthens its organization on the top management level by the appointment of Zoltan Lehoczky as Global Outsourcing Director.

Vienna is the world's first certified passive house high

Energy consumption is essential to enforce a drastic reduction of state of the art energy efficient design, engineering solutions represent a major challenge for tall buildings, skyscrapers. Therefore, expect big upsurgence completed the project in Vienna: the first was a tall house in the world - 20-story, nearly 80 feet high, working as a financial institution office building - a certified passive house address.

Ustream moves to Paris Department Store on Andrássy Avenue!

USTREAM Hungary Ltd. moves to Orco Property Group’s Paris Department Store on Andrássy Avenue. Central location, creative spaces, flexible conditions and approach were important criteria during the office selection process. Robertson Hungary was representing the tenant during the search and negotiations.

AVON has opened a showroom in Arena Corner Office Building

Avon Cosmetics Hungary Kft., one of the world’s largest direct-selling company, with beauty, fashion and home products available in over 100 countries, has opened a store in the Hungária Tower of Arena Corner Office Building.

The Manchester Civil Justice Centre, Great Britain

It was constructed between 2003 and 2007 in the Spinningfields district by design of Australian architects from Denton Corker Marshall and engineers from Mott MacDonald. Due to "rumors", Barrie Marshall sketched the entire building by hand and very little has deviated from his drawings. The result was a remarkable work of architecture which was nicknamed "Filing cabinet" due to its distinctive cantilever floors at the ends of the building.

Roosevelt 7/8 office building’s first quarter results show significant improvement

    Roosevelt 7/8 office building’s first quarter results show significant improvement. In addition to new lease contracts on 2,000 square meters of office accommodation, 20% of the present tenants have extended their commitment over the long term above the market average of 3-5 years.   Roosevelt 7/8 announced a new, exclusive service available for its tenants. From July 2013, the category “A” office building is launching the Roosevelt Loyalty Program...

STRONG GROWTH IN EUROPEAN PROPERTY INVESTMENT ACTIVITY

The European commercial real estate investment market saw the third successive quarter of strong activity in Q2 2013 with total transactions of €31.1 billion - an increase of 13% on the same quarter last year, according to the latest data from CBRE.