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What's the Role of Váci Road Office Corridor in the Hungarian Economy?

Feb 17th, 2020
Companies with their headquarters located in Budapest between Nyugati Railway Station and Újpest Center metro station in Váci Road, play a huge role in Hungary’s economy. Most of the companies here offer services, with only a negligible amount of manufacturing, making them less eye-catching than a...

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The office estate market has been revitalised

Mar 30th, 2016
  The office estate market in Budapest has maintained its level of progress for 2015, which started in 2014, and has set a new record of rental rate, surpassing the earlier milestone – as reported by Cushman & Wakefield.     2015 saw the ratification of contracts regarding the lease of office spaces nearly as vast as 538 000 m2 in total – which indicates a 16% growth compared to 2014 figures. The increased demands and the lack of newly opened office blocks have decreased the vacancy rate,...

CSOK Housing Support as an opportunity for sustainable development in Hungary

Mar 30th, 2016
The Hungarian government’s plan to support the development of new housing should include measures to encourage the construction of energy-efficient homes. The following piece based on parts of an article written by Michael LaBelle and Sergi Moles Grueso at Central European University (CEU).   A price drop of 25% The unprecedented drive to reduce utility bills for household consumers in Hungary resulted in a price drop of 25%. The aftermath of the “war on private utilities” leaves the Hungarian...

Budapest Office Market represents Green Star

Mar 30th, 2016
This post contains parts of an article written by Michael LaBelle and Sergi Moles Grueso at Central European University (CEU).   Long-term solutions for high energy bills The Hungarian office market exemplifies the long-term solution for high energy bills. According to Colliers International, 26-27% of Budapest office stock is green accredited. Previous savings in energy costs amounting to 10-20% are projected to have increased to 30% in 2015. Office buildings with green accreditation, such as...

The largest development on Váci Street was further expanded

Mar 24th, 2016
The third building of the Váci Greens complex was handed over recently, offering 24 500 m2 of office space on six floors. 60% of the space offered by the building is already rented via pre-contract by GE Infrastructure Hungary Holding Kft. therefore the building will provide offices for nearly 4000 employees from March.   Buildings that were given the BREEAM Excellent because of their cheap operability and low energy consumption - the Váci Greens C and B buildings won't have to use external...

Future FM received the eco label for environmentally friendly cleaning

Mar 24th, 2016
Future FM Zrt. received a national eco label for environmentally friendly cleaning. Services of the award-winning candidate were realized in the offices of Tata Consultancy Services Ltd.   Future FM applied for the “Environmentally Friendly Service” certification and also for obtaining the right to the usage of trademarks. Experts concluded that the services realized at Tata Consultancy Services Ltd. offices meet the criteria of the certification and the trademark can be awarded. The eco label...

Time Management - Determining How Much Your Time Is Really Worth - part 1

Mar 23rd, 2016
Part One: The value of time   Not all uses of time are equal and this simple truth can make a big difference in life. This article of 3 parts explains how to figure out what your time is worth and use that information to spend your time more effectively.       People who spend their time effeciently doing more profitable work - make more money investing in others - build better relationships creating a flexible career - enjoy more freedom working on high-impact projects - contribute more to...

Time Management -- Determining How Much Your Time Is Really Worth -part 2

Mar 23rd, 2016
Part 2: Realized Income Methods   Realized Income Methods can be used to calculate the value of your time, which will help you make better decisions about how to spend money on day-to-day purchases.       You need two numbers: The amount of time you spend to earn money. The amount of money you earn during that time. Step 1: How to track your time The first step is to measure the total amount of time you invest to earn money, not just the hours you are physically at work.  You should add in...

Time Management - Determining How Much Your Time Is Really Worth -part 3

Mar 23rd, 2016
Part 3: Expected value methods Not all uses of time are equal and this simple truth can make a big difference in life. This article of 3 parts explains how to figure out what your time is worth and use that information to spend your time more effectively. This is the final part of the series.     Expected Value Methods can help you Make big, strategic decisions about where to spend your time. What projects should your business focus on this year? Which uses of time aren’t effective and should...

Roosevelt - House of Business

Mar 22nd, 2016
  Sensational News: A Premium A+ category Office Building opens in less than 2 months in the most exclusive part of Budapest   It has to be the best office building ever in Hungary!   In May House of Business, brand new serviced office business center will be opened in the most prestigious and scenic part of Budapest. The premium A+ category office building sets in the most magnificent part of the capital, against the beautifully restored historic backdrop of Széchenyi Square and the amazing...

5 Ways You're Wasting Time Without Even Realizing It

Mar 22nd, 2016
We all waste time but it is painful in workplaces. According to recent data, the vast majority of employees know they waste 30 minutes or more every day, with 4 % wasting half the day or more. “I believe that, but that’s not me. I’m not the type of person who wastes time.” If at this point you’re thinking it to yourself, this is because you don’t waste time deliberately -- unfortunately, most forms of wasting time are sneaky and go beneath your notice until it’s too late to do anything about...

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