MBH Bank, Hungary's second-biggest commercial lender, on Tuesday announced the acquisition of a controlling stake in real estate broker Otthon Centrum from a unit of Biggeorge Holding. MBH Bank agreed to acquire an 80% stake in the broker and expects to acquire the remaining 20% stake in 2028, if certain conditions are met. The deal […]

Budapest-based real estate investment and asset management company Indotek Group announced today that it has purchased a EUR 43.5 million portfolio of 524 residential and commercial properties in Spain. The deal was structured as a transaction involving both non-performing loans (NPLs) and real estate. The acquisition is a strategic milestone in Indotek's expansion in Iberia […]

The industrial property developer HelloParks, member of Futureal Group, is celebrating the fifth anniversary of its founding and will complete the development of more than 500,000 sqm of warehouse space in the Budapest metropolitan area this year. The founders recognised the opportunity in the growing demand for modern and green industrial facilities during the pandemic […]