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With the transaction, Wing has further strengthened its capital market presence and has initiated the listing of the Wingholding 2029/I bond on the Budapest Stock Exchange.
“The successful completion of our EUR 100 mln bond program, along with the strong investor demand for the three-year bonds issued at a 6% yield, clearly demonstrates investor confidence in our capital markets strategy and market position. The Wing Group is now a market-leading player in Hungary, Germany and Poland,” comments Noah Steinberg, chairman and CEO of Wing.“
“Our objective remains to provide our partners with stable, transparent and predictable investment opportunities, while enabling them to participate through a professional and reliable partner, in both the Hungarian real estate market and the success of our international investments,” he says.
“The strong investor interest and significant oversubscription clearly reaffirm Wing’s solid and stable position in the Central European real estate market,” Steinberg adds.
In 2025, Wing’s Hungarian portfolio, spanning residential, office, industrial, hotel, and retail segments, was characterized by high activity levels and strong occupancy. Across three countries where it is active, the group placed particular emphasis on residential developments, which delivered outstanding performance, while simultaneously laying the groundwork for the next phase of growth and a new development cycle, Wing concludes.
Logicor has completed the acquisition of a logistics property in Budaörs, in the western corridor of Budapest. The newly acquired freehold asset, now named Logicor Alligator, comprises approximately 28,000 sqm of warehouse and office space and is located within the M0 Budapest orbital motorway.
Logicor has completed the acquisition of a logistics property in Budaörs, in the western corridor of Budapest. The newly acquired freehold asset, now named Logicor Alligator, comprises approximately 28,000 sqm of warehouse and office space and is located within the M0 Budapest orbital motorway.
“The acquisition strengthens Logicor’s position in this key location. It also consolidates four neighboring logistics parks in Budaörs, creating a combined logistics cluster of nearly 100,000 sqm in a prime, well-connected location,” says Domonkos Joó, head of Hungary and Austria at Logicor.
The property is currently 80% leased, taking up approximately 22,000 sqm. The tenant is a global logistics provider whose core areas of expertise include freight forwarding, contract logistics, supply chain optimization, ground transportation and project logistics.
In Hungary, Logicor operates 172,000 sqm of logistics space across eight parks, predominantly located along Budapest’s main logistics routes. The company, which acts as an owner, manager and developer of European logistics real estate, had a portfolio encompassing 19 million sqm of warehouse space in key transportation hubs and near major population centers as of June 2025.
The investor and developer Biggeorge Property has acquired the former Árpád Kórház hospital building in Újpest, District IV, for one of its property development funds after a competitive auction undertaken by the Magyar Nemzeti Vagyonkezelő Zrt. (Hungarian National Asset Management Company, or MNV).
The investor and developer Biggeorge Property has acquired the former Árpád Kórház hospital building in Újpest, District IV, for one of its property development funds after a competitive auction undertaken by the Magyar Nemzeti Vagyonkezelő Zrt. (Hungarian National Asset Management Company, or MNV).
The 6,000 sqm property, located on a seven-hectare site, has been unused for more than four years, and Biggeorge is planning to redevelop the former hospital under an agreement with the District IV local government that will preserve heritage features of the building and conform to technical regulations.
“The project is in its earliest preparation stage. As a first step, Biggeorge Property is initiating consultations with the district municipality. Simultaneously, the detailed project planning process regarding the future utilization of the site is also underway,” Biggeorge Property comments on its plans for the building.
In a sign of growing concern about sustainability in the residential sector, the BAM Living Kispest multi-apartment development has been registered for WELL Residence certification. The third-party verification system aims to create healthier, more resilient homes.
“Hungary is experiencing a significant wave of residential construction, making it more important than ever to ensure that these new homes are designed with occupant health and wellbeing at their core,” comments Regina Kurucz, a WELL-accredited professional and managing director of Rewell Consulting.
“A healthy home goes far beyond energy efficiency; it encompasses indoor air quality, adequate ventilation, thermal comfort, access to natural light, acoustic performance, and the use of low-emission materials,” she explains.
“With thousands of new units being delivered across Budapest and other Hungarian cities, there is a unique window of opportunity to embed health-promoting features from the design stage, rather than retrofitting them later at greater cost,” Kurucz adds.
Bam Living has delivered 1,000 apartments in Budapest, and the Kispest complex is due to add another 251 apartments in four buildings at the end of 2028. In another accreditation, BAM Living Ujpest has achieved BREEAM “Very Good” certification.
“Standards like the WELL Building Standard provide a science-backed framework to guide developers in creating spaces that actively support residents’ physical and mental health,” Kurucz says.
“In an era of rising awareness around respiratory conditions, allergies, and the impact of our built environment on sleep, stress, and productivity, prioritizing healthy homes is not a luxury; it is a responsibility toward current and future generations of Hungarian families. I am glad that there is now a multi-apartment residential building in Hungary registered for WELL Residence certification,” she concludes.
This article was first published in the Budapest Business Journal print issue of February 27, 2026.
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