From the French Riviera to the imperial

26 May 2011

Budapest Business Region (BBR) participated at Real Vienna on the Budapest stand for the first time. Among the stands varying in size and quality Budapest’s exhibition space had a considerable size. On 24 May the event on the Budapest stand was provided by BBR.

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Budapest, Get engaged! – Conference in Brussels

17 May 2011

The 26th May 2011 Budapest’s image and business opportunities will be in the limelight at the conference called Budapest, get engaged! in Brussels. The event is organised bya mong others  the City of Budapest and the Budapest Business Region and will be placed in the Committee of Regions. The conference’s main goal is to build international confidence and to arouse the interest of foreign investors towards the Budapest region.

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Cargo City – New project of Budapest Airport

10 May 2011

In September 2011 the construction of Cargo City – a brand new air cargo centre of Hungary - can be started on the south-eastern part of Budapest Ferenc Liszt International Airport. As the first milestone the 5000 sqm international exchange centre of the Hungarian Post was completed in last October. Cargo City’s expansion will be continued in two phase within two 11+5 thousand square meters of air cargo complexes will be built.

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Vienna B’ my Guest!

9 May 2011

After the fruitful first quarter the Budapest Business Region cluster has begun the second quarter with the hopes of similar success. Not only the constantly expanding membership encourages us, but the fact that the Budapest Business Region will be introduced to new international forums as well.

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BBR on Youtube!

28 April 2011

From April beside Budapest Business Region’s Facebook fanpage and LinkedIn group the organisation can be found on Youtube as well. By ’occupying’ the three social media sites, the first phase of BBR’s online renewal has been closed. The main purpose of creating our branded Youtube channel is to store BBR’s videos in one place and an easier access to our content. On the other hand the embeddable videos provide colourful information to our media partners and the press. Follow us on Youtube as well!

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Budapest is catching up

14 April 2011

Real estate investments are increasing again in the Central Eastern European markets and Hungary is following the international trends but with some delay. Although office development projects still remain at low levels in Budapest, tenant demand is more and more active. Moreover firms building for their global growth reappeared looking for new offices in Budapest. - reported CB Richard Ellis.

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Hungary is an option again

13 April 2011

In the last period Hungary’ economic assessment has improved greatly at international level, which also aroused the interest of the market for the country. The forint strenghtened, the risk appetite improved. The cost of insurance against bankruptcy (CDS) is one of the most satisfying in the CEE region, which can be said about the government budget as well. Moreover international analysts are already talking about Hungary as a promising investment location in Central Eastern Europe. As credit-rating agencies’ reactions are slower than the market’s there is not any positive change in the country’ rating, but according to the experts in the near future Hungary’s upgrade is to be expected.

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BBR’s LinkedIn group has been created

12 April 2011

From 2011 Budapest Business Region can be reached and followed on LinkedIn as well, thus beside Facebook our communication channels broadened with a new, interactive platform. While our Facebook fanpage is recruiting its basis from a wider audience, LinkedIn is building a professional membership, a virtual group for business.

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Hungary: On the way to the top

5 March 2011

In point of debt financing Hungary got into the Top 10 in the first quarter of the year according to the latest analysis of Markit Financial Information Sevices. In the last three months the Hungarian CDS spread decreased with 32,2 percent, which stands now on 263 basis points. With this result Hungary’s national banktrupcy risk is better than some Eurozone EU-members’ one.

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Colliers International joined Budapest Research Forum

29 March 2011

Budapest Business Region member Colliers International and Eston International commercial real estate agencies accepted Budapest Research Forum’s membership request – reported iroda.hu.

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SkyCourt, new terminal of Budapest Airport opened on Sunday

28 March 2011

The new terminal of Budapest Airport, called SkyCourt, started operating on Sunday morning. Mr. Mihály Hardy, director of Corporate Affairs and Public Relations of the Budapest Business Region member Budapest Airport, reported, that the handover was trouble free, the first passengers are satisfied with the services.

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S&P assesses Hungary's reform programme, maintains rating, negative outlook

23 March 2011

Standard & Poor's Ratings Services said today that it has affirmed its 'BBB-/A-3' long- and short-term foreign and local currency sovereign credit ratings on Hungary. The outlook on the ratings remains negative. The transfer and convertibility assessment on Hungary remains at 'A-'.

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Construction of a new, upmarket but family-friendly shopping centre gets under way in Budapest

21 March 2011

The Hegyvidék Shopping Centre, scheduled to open in autumn 2012, is being constructed in a development project by WING Zrt. in the heart of Budapest's District 12. The special feature of this mall will be its focus on services, and its exclusivity, and the aim is to offer the best of everything at the highest quality.

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’Cities are the future’ – Mayors’ Day on MIPIM

10 March 2011

The second day of MIPIM was entitled the Mayor’s Day. Beside the aldermen, London and the 2012 Summer Olympic Games, the 40-year-long strategic plan of the City of Copenhagen also came into spotlight.

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BBR reports on the first day of MIPIM

9 March 2011

The 8th of March was the varnishing-day of MIPIM 2011 in Cannes, France. This year Budapest Business Region attends the expo as the guest of the Budapest stand, which was opened by the speech of Mr. István Tarlós, the new Mayor of the Hungarian Capital.

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“The movement has begun in the East-Central European region.” - We report from our press meeting

2 March 2011

“Budapest Business Region and its exhibitors are looking forward to this year’s MIPIM very positively” said the management and the exhibitors at the press meeting held in connection with the appearance in Cannes. The main topics were the exhibitors and their projects, the optimism resulting from the end of the economic crisis, and placing the co-operation of BBR and Studio Metropolitana - representing Budapest - on a new platform.

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Budapest Business Region is curriculum at RICS’s Hungarian course

23 February 2011

Last weekend Mr. Gergely Orbán, cluster manager of the Budapest Business Region gave a lecture on business destination branding, clusters and property related marketing-communication campaigns as invited lecturer on the postgraduate property course of RICS Hungary and the Budapest University of Technologies and Economics (BME).

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The biggest knowledge-based project of the Eastern Central European Region is being realised in Hungary

21 February 2011

Co-operation Agreement between the Ministry of National Development and the Talentis Group. Minister for National Development Tamás Fellegi and Talentis Group Board of Directors Chairman Sándor Kenyeres signed a letter of intent on the establishment of a joint business partnership on February 17, 2011 in Budapest. The international knowledge centre planned in the Zsámbék Basin would be realised within the framework of the national programmes of the New Széchenyi Plan.

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Real estate prediction 2011

6 February 2011

This year will not be characterized by the expansion of the current supply, the amount of rentable square meters and the number of purchasable projects in the domestic real estate market. Some opinions are already expecting a decrease in supply, the shortage of quality projects and slow growth in the domestic real estate market. Everyone is waiting for the right moment.

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The recovery of the property market of Central-Eastern Europe

11 February 2011

  „The property markets of the Central-Eastern European countries started their recovery but not in the same growth rate.” –said John Duckworth CEO of Jones Lang LaSalle referring to the compny’s trimestrial City Report, which includes economical trends and actual information about the property investment, office, warehouse, retail and hotel market.

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Strengthening Forint

7 February 2011

The strengthening of the Hungarian currency is due to the advanced trust of the investors for the structural reform plan of the government’s budget policy. Experts say the exchange rate of the Euro can be around 270 HUF all week. – reported on Monday by Portfolio.hu.

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130th anniversary of the birth of Joseph A. Galamb, co-inventor of Ford's Model T

4 February 2011

Hungary celebrated the 130th anniversary of the birth of Joseph A. Galamb yesterday. He was the chief-designer of the Ford Company and co-inventor of the world's most influental car of the twentieth century. The Ford Model T (which was also known as Tin Lizzie or Flivver) is also mentioned in Budapest Business Region's image film titled Get engaged.

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Marco Papic: ’Only Hungary follows the tendencies of the world economy’

02 February 2011

’Although EU’s economic policy has got less attention than the much-criticized one of Hungary, in the opinion of honoured economists, analysis institutes and investors the European Union is not on track concerning the methods of crisis management’ – as Tiszta Beszéd Blog (Clear Talk Blog) reported in its post on 26 January 2011.

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Pictures of Premio ProArte Ceremony in the photo gallery

31 January 2011

As we reported on last week the image film of the Budapest Business Region Budapest: Get engaged won Circuito Speciale’s „Premio Speciale” Prize from the Italian Republic. The prize was received on 27 January 2011 by Bálint NÉMETH vice-chairman of the Budapest Business Region and managing director of Aera Property & Destination, and the director of the film, Isti MADARÁSZ. For visiting the photo gallery of the ceremony, please click here.

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Premio ProArte’s Special Prize for BBR image film

27 January 2011

This very moment Bálint NÉMETH, managing director of Aera Property & Destination and vice chairman of BBR is receiving Premio ProArte’s Special Prize for BBR’s image film, Budapest: Get engaged.

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New development with the advocacy of the EU at East Gate Business Park

21 January 2011

East Gate Business Park won 500 million HUF for further developments on the tender of the European Union – reported the developer WING Co. The advocacy enables the reduction of the rental fees of the business park, what is a serius factor on the price sensitive property and office market.

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RERA – What happened on the office market in 2010 ?

18 January 2011

As RERA's quarterly report says, more than 145,000 sq m office space was delivered in 2010 which represents a 36% drop in comparison with the 2009 volume. In Q4 2010 the volume of new deliveries was the lowest since 2006: only 6,280 sq m. The new handovers in Q4 2010 are Downtown IX and Duna Bellview.

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7,000 sq m office space leased at Eiffel Square Office Building

14 January 2011

Landmark Success – 7,000 sq m office space leased in November at Eiffel Square which was voted the “Best Office Development of 2010” at the CiJ Awards last week. Only eight months after opening its doors to the first tenants, ConvergenCE managed to lease more than 70% of Eiffel Square Office Building in the heart of Budapest next to the Nyugati Railway Station.

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Hungary TriGranit sets up JV for Arena Centar in Croatia

11 January 2011

Hungary’s TriGranit Development Corporation has entered a joint venture with Heitman European Property Partners IV (HEPP IV) to own Arena Centar Shopping Centre in Zagreb, Croatia.

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Hungária Office House - Almost full

 11 January 2011

Two companies of the Hungarian Prohome Group have chosen B&V Group’s office house called Hungária for their headquarters.

 

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BME Formula Racing Team – Future, now

10, January 2011

The new BME Formula Racing Team ad came out at Christmas time, directed by István Madarász, creator of the image films Budapest Business Region’s Get engaged and Hungary’s new one, World of potentials. Beside the demonstration of the construction and speed of the racing car, the video shows the potentials of the well-trained and skilled workforce of the Budapest Business Region. On Youtube the video has more than 23.000 views.

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The President of the European Comission and Prime Minister of Hungary inaugurate the House of the European Union in Budapest

 5, January 2011                                                               

This week, Jose Manuel Barroso, President of the European Comission, Viktor Orbán Prime Minister of Hungary, and Stavros Lambrinidis, Vice-President of the European Parliament together inaugurate the House of the European Union developed by WING.

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BBR debuted in Brussels

14, December 2010

Mr. Dávid Bencsik dr. the Head of the Budapest Representation in Brussels, freshly nominated to Honorary Ambassador of the BBR in Brussels has introduced the Budapest Business Region at the Hungarian Embassy in Brussels on 9th December. 

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Model rendez-vous, Műcsarnok, Budapest

17, November 2010

The second International Model Festival was organized in the Budapest Műcsarnok. The world famous interactive exhibition was open for the visitors from the 13th to the 16th of November.

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Seal of Quality for the BBR image film

4, November 2010

The Budapest Business Region image film has been awarded by the Erasmus EuroMedia Awards Comitee with the Seal of Quality.

 

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Intensifying competition

13, October 2010

This year's Expo Real is clearly acknowledged that Budapest has to keep pace with the regional competitors. Because both the German metropolis regions, as well as Warsaw, Prague, Eastern Poland, Serbia and Slovenia were also present with very prominent stands at the fair.

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Where does the Hungarian real estate market stand?

13, October 2010

Many have tried to respond to the fundamental questions of domestic real estate market for three days during Expo Real. The Hungarian real estate market has been looked at on the first day of the prestigious Investment Location Forum, as well as, round-table discussions held at the Budapest Business Region stand provided opportunities to discuss the current issues - both on Monday and Tuesday.

 

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Creativity and innovation - BBR stand 2010

13, October 2010

The goal of the stand designer team was that the " Budapest Business Region and the Budapest European Metropolis is a creative and innovative investment destination" message not only displayed at the level of slogans. Each pulse visitors received at the stand was for conveying this message. Besides the usual high-quality graphic plan many new creative elements were added to this year's concept.

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Increasing investment trust at Expo Real


5, October 2010

Regarding the general mood of the exhibition, there was a sharp contrast between 2009 and 2010. It seems obviously that last year’s pessimism is over and the scepticism brought by the crisis is dissolving. The feedbacks of the exhibiting partners of the Budapest Business Region stand, based on the number of the interested parties and realized business meetups, also confirm optimistic predictions.

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INVESTMENT FORUM FROM HUNGARY IN EXPO REAL


5, October 2010

On the first day of the Real Estate Expo in Munich a special panel discussion dealt with the possibilities offered by the Hungarian market. An exciting debate was formed at the professional forum about the status of Hungary moderated by Nandor Master, leading journalist of HVG Online, but the fact is that Hungary currently holds less interest than its competitors in Central Europe. At the panel, Noah Steinberg, CEO of WING, Martin Schaffer, Managing Director of Kohl & Partner, Dr. Karsten Junius, the representative of Dekabank-Deutche Girozentrale and Dieter Bulinger, the representative of Spar European Shopping Centers attended.

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Budapest Business Region is open again


4, October 2010

Budapest Business Region opened its booth at Expo Real 2010. The main message of this year's exhibition is "Creativity & Innovation". The exhibition offers professional content in addition to attractive visual effects for visitors. During the first panel discussion major players of domestic market looked into the current situation and talked about decisive factors.

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The renovation of the office building of B & V Group Hungaria has been completed

30, September 2010

Thököly Boulevard is near completion and at the same time B & V Group opened its headquarrters in Hungaria Business Center at the corner of Thököly and Hungária Boulevard which underwent complete renovation and modernization.

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BBR enriched with new media partners

24, September 2010

As a result of the Budapest Business Region press conference that took place on September 14 and the related press coverage BBR was enriched with new media partners.

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Creativity and Innovation

22, September 2010

The joint head expressions of Budapest Business Region, the City of Budapest, as well as ITD Hungary are: creativity and innovation. The creative tools and communicaton devices at the EXPO REAL stand would like to reinforce this message.

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Innovation in the exhibition are- EXPO REAL stand conception 2010

22, September 2010

The conception of BBR 2010 EXPO REAL stand was designed based on three dominant parameters. One of the key features is the characteristics of the stand (size and in-line feature), the second is the current head-line and the third is a message by the exhibitors, especially defined by the City of Budapest. The existence of the mandatory elements at the exhibition are at skill level by now, which is considered the default specification.

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Under favorable constellation - Buon giorno, Budapest!

16, September 2010

 "According to the stars expect success at work and in finances this month. You can best maintain your health by visiting a thermal bath in Budapest. "- can be read in the recent  special horoscope newspaper, Astrella in Italy. The above cited the good advice is specifically for  Sagittarius-born Italians, but the positive picture about Budapest can motivate people from other zodiac signs as well.

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The British love Budapest

10, September 2010

Budapest is a popular tourist destination among British tourists according to an article of the Metro newspaper in London. Endre Kardos, the director of the London offive of the Hungarian Tourism Zrt, confirmed the statements of the newspaper. Budapest, based on the price-value ratio, is at the top of the list of cities worth visiting.

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One of the world's seven wonders worth 91 billion euros

8, September 2010

How much would you pay for St Mark's Cathedral in Venice, the Vatican Museum or the Colosseum? In fact, their value can be determined. The measurement of economic reputation in Eri-index calculations were made on the basis of the British country image specialist Simon Anholt's National Brand Index.

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The Budapest image movie is nominated for the Erasmus EuroMedia Prize

7, September 2010
Four Hungarian artwork were nominated for the Erasmus EuroMedia Prize, including the Budapest image movie and the movie based on the TV show "Átok". At
the ceremony in October the most significant productions showing the values and development of European society will be rewarded with the total of seven thousand Euros.

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The 10 happiest cities

1, September 2010

Does the elixir of  happy city exist? If yes, what are the proper components?The latest study of the Lonely Planet introduces the list of the 10 happiest cities of the world. May the secret can get to the daylight.

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New mayors, new directions

30, August 2010

In the same week when the current mayor of Budapest, Gábor DEMSZKY, just gave his farewell speech, the possible winner mayor candidate of Fidesz-KDNP unvailed his programme and his administrative staff.

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EXPO REAL 2010: Exhibitor numbers remain stable

24, August 2010

EXPO REAL 2010 is set to welcome the same number of exhibitors as it had last year. At Europe´s largest trade fair for commercial property and investment, around 1,600 companies will be presenting their products and services – the same number as in 2009. The trade fair takes place from 4 to 6 October 2010 in Munich.

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COPENhagen and Budapest BRanding

14, August 2010

The former name of the Danish capital:
Hopenhagen was changed to COPENhagen. The epithet is to symbolize the City as an international destination that is open for business.

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Largest Photo on Earth: Taken by Hungarians

28, July 2010

 The world’s largest photo is dedicated to a Hungarian team called 360 World. According to the press conference of Tuesday in Budapest, the 70 gigapixel-sized photo is unique as it is larger than the similar ones of Rio de Janeiro, Wien and Dresden.

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Hungary’s first sustainable neighbourhood

14, June 2010

Budapest’s first sustainable, environmentally-friendly neighbourhood is being built according to the first ever Hungarian designs of world-leading architectural studio Foster + Partners. 

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Budapest third in region's top ten

28, April 2010

Budapest is third in a list of the region's top ten cities ranked by the Financial Times' fDi Magazine.

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The first phase of TóPARK is structurally complete

23, April 2010

Budapest, April 21, 2010 – The first phase of TóPARK has become structurally complete. Upon this occasion Walker and Williams Investment Group S.A. Luxembourg (WWIG) property investment group held the topping-out ceremony in one of the buildings of the edifice complex that is nearly as long as Váci Street. After the celebration, facade construction and interior works are going to commence immediately. 

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Budapest Business Region in Cannes again

17, March 2010

Budapest Business Region opened the MIPIM Hungarian stand in Cannes for the second time this year on Tuesday March 16th. BBR, formed in the autumn of 2008, is a market-initiated organization, which has made several appearances at international forums over the past two years. The purpose of participating in international real estate events is to draw attention to Budapest and Hungary as a fast-developing central-eastern European investment area.

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Poland, Special Guest of the 2010 MIPIM

17, March 2010

While last year Hungary was in the spotlight in MIPIM communications, this year Poland was the special guest of the international real estate exhibition, with eighteen cities exhibiting. One of their leading topics was the 2012 European Football Championship.

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Hungarian Exhibitors’ Opinions on MIPIM

17, March 2010

On the second day of the Cannes real estate and city development exhibition, we asked some Hungarian exhibitors who had previously taken part in MIPIM with their projects and companies to tell us about their motivations and impressions.

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Budapest and its Geographical Features

17, March 2010

On its stand in the 2010 MIPIM, the Budapest Business Region put an emphasis on the geographical position of Budapest and Hungary.  

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Budapest, the capital of the Danube

12, March 2010

Budapest is ready to assume a leading role in developing and implementing an efficient Danube Strategy, which would allow turning the capital of Hungary into a modern center of the South-Eastern European Region. Besides improving the competitiveness of the agglomeration (3.5-4 million people), the project would benefit also the rest of the country and the whole region.

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Busy days expected at the Budapest Stand in Cannes

12, March 2010

Mayor of Budapest Mr. Demszky Gábor shall inaugurate on 16 March the Hungarian stand at MIPIM 2010 in Cannes. After the ceremony, a round-table talk and discussion forum about the Danube Strategy and related development opportunities in Hungary are scheduled to take place.  

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Project fair and business meeting on the internet

12, March 2010

The online database of development projects in Budapest shall be available after the opening of the 2010 MIPIM in Cannes. Studio Metropolitana Nkft. launched www.budapestprojects.com site at the beginning of March. 

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5 new members – BBR has exceeded 30

19 Monday, October 2009

After the prosperous Expo Real presentation, joining of new members topped Budapest Business Region’s success last week. The affiliation agreements with the cluster were signed at the Expo Real follow-up event last week. The formal ceremony was followed by champagne and party at BOB bistro at Budapest’s Szt István Square.

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New Budapest movie

12 Monday, October 2009

In addition to the unusual two-storeyed stand, BBR surprised it’s visitors at Expo Real with a brand new Budapest movie.

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Rethinking Hungary in view of the crisis

6th Tuesday, October 2009

A panel discussion at 4.30 PM on Tuesday was held at the Budapest Business Region stand with press and BBR representatives.

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City Hall Forum

6th Tuesday, October 2009

On behalf of the Capital, the City Hall Forum Project was presented this morning.

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Center of the Center? Budapest Aspiring to become a top investment location

5th Monday, October 2009

A panel discussion at 4.30 PM on Monday was held at the Budapest Business Region stand with press and BBR representatives. Participants were: Gergely ORBÁN, Cluster Manager of BBR, Zoltán SZTÁN, Project Manager, TóPARK and Péter SZÁMELY, MRICS, Key Account Manager CEE, HYPO Investment Bank.

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In the catchment area of the Danube

5th Monday, October 2009

The Budapest Business Region booth at Expo Real 2009 opened with a panel discussion on the business and cultural opportunities of the Danube.

 

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Welcome, Budapest! The Budapest Business Region stand has opened its doors in Munich

5th Monday, October 2009

As a contiuation of the cooperaton between the Budapest Business Region cluster, the Municipality of Budapest and ITD Hungary, the three parties have a joint stand at Expo Real once again.

 

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Hild Group joins us for Expo Real

25 Friday, September 2009

Hild Group will also be present at Expo Real in Munich. Hild’s portfolio, which contains more than two thousand properties in Budapest in a value of close to 100 million euros, will be presented at the Budapest Business Region stand.


 

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Young Hungarian Scientist Shines at EUCYS 2009

24 Thursday, September 2009

A Hungarian student, Áron HUNYADI (20) won third prize at the 21st annual European Union Contest for Young Scientists, which featured 130 contestants from 38 European countries.


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Meeting of Investment Minds

Photo: Péter Fodor19 Tuesday, May 2009
BBR Cluster Management also participated in the CED-Invest 2009 Conference, organized by Roberts Publishing, publisher of CIJ, Central Europe's leading property investment and development magazine. The highlights of the conference were the current perception of Hungary and the evaluation of Budapest as a destination for investors.

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ASLA AWARD won by Hungarians

 Gábor Szohr6 Wednesday, May 2009
An interactive mapping project of two Hungarian landspace architects has won the ASLA (American Society of Landscape Architects) Honour Award in communications category. The interactive map of Budapest, placed in one of the main transit hubs, allowed people of all ages to show how they relate to their city.

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Budapest Business Region welcomes new members

10 Friday, April 2009
After major Budapest based developer TriGranit as well as Whitestone Investment and Kinstellar have joined the BBR, Schönherr Szécsényi, Jádi Németh, and DLA Piper legal service providers have also signed affiliation agreement with the cluster on 2 April 2009. The formal ceremony was followed by champagne and party at BOB bistro at Budapest’s Szt István Square.

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Budapest showed its new face at MIPIM 2009

8 Wednesday, April
Budapest chose MIPIM to announce its repositioning on the market, taking the opportunity offered by the crisis to adopt a new era of solid growth and innovation once again.

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You are so Budapest – Get Engaged! Cocktail party

12 Thursday, March 19:00
After a tiring but innovative day the guests also got the chance to relax at the BBR stand: everybody could experience not only the business opportunities but the world famous Hungarian hospitality as well.

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Bridging the Crisis with Innovation

12 Thursday, March 15:00
Panel discussion with Mr Gordon BAJNAI, Hungarian Minister for National Development and Economy on the Budapest stand at MIPIM.

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Budapest welcomes 80 corporate end users at MIPIM

12 Thursday, March 12:30
As the exclusive sponsor of an End Users’ Lunch organized by MIPIM, Budapest has got a unique chance to raise interest in the region by stressing its advantages and opportunities in the presence of the top 80 End users and Directors of Corporate Real Estate, such as Microsoft, GE, UPS and others. To help to make a decision, Hungarian Minister for National Development and Economy, Mr Gordon Bajnai gave a 7-minute speech about Hungary’s prospects with the IMF loan and a stimulus package of 7 billion Euros, as well as about the initial achievements of the crisis management, including a 6-percent budget deficit and 30 acts to speed up processes amended by regional service centres.

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Hi Budapest! Hot news from Cannes

12 Thursday, March 11:00
Gordon Bajnai, Minister for National Development and Economy and Gábor Demszky, Mayor of Budapest have just arrived to the Budapest Business Region stand.

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