Speaking with one voice

A number of Hungarian developers have set up an interest group. one of their main aims is to make their voices heard when the state takes key decisions. They also hope to improve the industry’s image in the public eye, which often sees real estate firms as something akin to demons Gergo Racz July marked the founding of the Property Developers’ Roundtable Association (IFK), an interest group comprising some of the most prominent development companies in Hungary. The founding members Ablon, AIG Lincoln, Biggeorge’s, Futureal, GTC Magyarország, ING, IVG Development Hungary, Orco, Skanska, TriGranit and Wing claim they have now formalized an association that will provide long overdue interest representation for the industry. “Property development is a major contributor to national GDP, not to mention the fact that construction creates many jobs, especially for workers with lower qualifications – so there is also an&nb