Portfolio cleaning to support acquisitions
And majority stake in Polish developer through that
Aiming for category upgrades
It now owns eight properties in the Hungarian capital.
Strong first half. What next?
In the first half of 2019.
Developer to add 1,400 beds to market
3,000 new rooms will be added this year.
Number of homes sold was 10% lower than a year earlier.
Chinese, Vietnamese buyers preferred Budapest while older Europeans went for the countryside.
House prices rose by 4% in the EU in the first quarter year-on-year, while Hungary saw a 11.3% increase in the same period.
To finance acquisitions.
9.2% expansion forecasted, largest in Western and Eastern Europe.
How much did it cost?
These are the most popular districts.
On a 79-acre plot, with EUR 60-100 mn investment.
Digital strategy calls for programming robots in primary schools.