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Duna House Commissions Revenue Climbs 6% in Q3

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Photo by Fabio Balbi / Shutterstock.com

Commissions revenue of Duna House's franchise network rose 6% year-on-year to HUF 3.3 billion in the third quarter, the listed real estate broker said in a preliminary report published on Friday, state news wire MTI writes.

Commissions volume in Hungary edged down 3% to HUF 2.1 billion because of higher interest rates and a decline in purchasing power.

In Poland, the commissions volume jumped 43% to HUF 1.1 bln.

Commissions revenue of Duna House's recently acquired Realizza brand in Italy came close to HUF 0.1 bln, falling 38%.

Commissions revenue of Duna House's own offices increased 9% to HUF 0.5 bln.

Brokered loan volume of the group fell 7% to HUF 177 bln. Brokered loan volume reached HUF 94 bln in Italy, HUF 61 bln in Poland, and HUF 22 bln in Hungary.

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