RICS, the Royal Institution of Chartered Surveyors, has just released its first Commercial Property Monitor for Hungary. RICS conducts the global survey quarterly to provide a relative measure of market sentiment in commercial real estate markets globally. This is the first time RICS has produced an independent country report on commercial market trends.
After opening in Romania, Europe’s only independent network of office search portals has launched its warehouse and logistics division in Hungary, which opens up the country’s warehouse market to tenants, agents and all other participants. The Hungarian portal of the warehouse search network is www.raktarkereso.info.
Hungary’s gross public debt, calculated at nominal value according to the Maastricht definition, amounted to 23,250 billion forints (EUR 777bn), falling from 81.4 percent by the end of the second quarter of this year from 82.4 percent of GDP at the end of March, the National Bank of Hungary (NBH) said on Wednesday.
Revenue from premiums of Hungarian insurers rose 5.2 percent to 435.9 billion forints (EUR 1.46bn) in the first half from the same period a year earlier, lifted by life insurance products with one-off premiums, the Hungarian Insurers Association (MABISZ) said on Wednesday.
Average gross wages in Hungary rose 3.7 percent year-on-year in June after a 2.9 percent increase in May, the Central Statistics Office (KSH) said on Thursday.
One more big international company voted for Green House. Hungary’s first and only LEED Platinum certified office will be home to the Hungarian headquarters of MSCI as of 1 March 2014. The global provider of investment decision support tools will occupy 3,694 sq m of office space on the fourth and sixth floors in the 13th district property.
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