Hungarians to invest EUR 1-bil in Zagreb

Hungarian retail and office property developing company TriGranit has announced the completion of a mega mall in the Croatian city of Zagreb. The capital construction, known as Arena Center, is said to have cost the investors some EUR 350-mil. It is reported that TriGranit covered the lion’s share of the project by spending some EUR [...]

Property sector calls for knowledge-based initiatives

A Budapest conference on Thursday called for initiatives supporting a stable business climate for the property sector, as a recent Hungarian Statistical Office (KSH) study reported worrying trends in the Hungarian real estate industry, such as 15.7% decreasing volume of construction. According to Henrik Toth, the President of the Joint Venture Alliance’s Economic Strategy Commission, [...]

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