By browsing on our website, you are agreeing to our cookies policy.

Budapest Budapest

Al Habtoor Group Invests in Hungary

Al Habtoor Group has confirmed the acquisition of several key properties in Hungary.

Following the purchase of The Ritz-Carlton, Budapest and InterContinental Budapest, the UAE-based company has now added Rumbach Centre, an office building located in the historic part of Budapest's financial, commercial and administrative centre near Deák Square, and a high quality prestigious office complex in the capital's renowned Dorottya Udvar to its portfolio.

As Khalaf Ahmad Al Habtoor, chairman, Al Habtoor Group, pinpointed, over the past few years, the company has completed major acquisitions in Hungary, Austria, London and the US.

"Hungary has a vibrant economy with a rapidly growing office market.

I am happy to build on our other successful ventures in the country," added Al Habtoor.