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Articles

European shopping centre development grows 50% in 2013

An unprecedented 11.9 million square metres (sq m) of shopping centre space is currently under construction in Europe, representing a 50% increase year-on-year (7.2 million sq m in 2012), according to the latest research from global property advisor CBRE.

Report Of Mortgage Rescue Plan Revives Old Fears In Hungary

OTP shares got hammered on Wednesday, falling 3.6%, on news that the government intends to provide further relief to foreign-currency mortgage debtors. Deputy prime minister Tibor Navracsics said in a Tuesday night interview that the government was examining the legal possibilities for amending such mortgage contracts.

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.