Real Estate

Construction

Croatia construction output growth slows in July

Croatia’s construction output grew 4.6% year-on-year in July, following an 8.5% annual increase in the previous month, the Croatian Bureau...

Office Market

Central Business Center renovation begins

Central Business Center, a well-known office building located in Inner Buda is undergoing a major renovation by ConvergenCE, according to...

Office Market

Interior Design Taking on Greater Emphasis

Despite the lockdown and debates over the very future of the office markets, developers are moving ahead with complexes are...

Sustainability

Future-proof Facility Management

Building and operating a facility involves an astounding array of tasks, ranging from monitoring to quantity and costs estimate, from...

Office Market

Developers Need to Adapt Post-coronavirus

Sustainability accreditation from an independent, third-party organization such as the U.K.-based BREEAM, the U.S.-based LEED and, increasingly, WELL, is now...

Sustainability

Market Talk: COVID-related Concerns Underscore Real Estate Sustainability Issues

Sustainability issues have become key elements of the planning, construction and management of office and, increasingly, other commercial properties....

Office Market

Safety, Service, Flexibility key to Successful Future Offices

It has become fashionable to suggest the COVID-19 lockdown and the rise of home office has consigned the office as...

Sustainability

Locational Factors Increasingly Central to Sustainability

Development in Budapest brings in environmental issues, relating to the city as a business and commercial center, and locational issues...

Construction

Romanian construction output rises in July

Romania’s construction output rose 12.7% year-on-year in July, following a 10.3% rise in June, the Bucharest-based National Institute of Statistics...

Construction

Construction output down 21% y.o.y in July

The volume of construction output, based on raw data, was 21% lower in July 2020 compared to the high base...

Construction

Budapest would need 120,000 new homes by 2030

According to a study commissioned by a Viennese real estate development company, Wiener Komfortwohnungen, there will be a demand for...

Office Market

Vodafone Hungary, UPC to move HQ to Budapest ONE office park

As the next step in the integration of Vodafone Hungary and UPC, the two companies will move their headquarters to...

Residential

LIVING announces Park West 2 project

LIVING, real estate developer WINGʼs umbrella brand specializing in residential properties, has announced Park West 2, a new 234 apartment...

Residential

New home sales still weak, despite rise from last quarter

In the summer months, developers sold about 1,000 newly built flats in Budapest, which is almost double the record low...

Logistics

Spar expanding warehouse space around Budapest

Supermarket chain Spar said yesterday it is spending HUF 4.5 billion to expand its warehouses on the outskirts of Budapest,...

Office Market

Budapest Office Vacancy Rises to 13.1% as Leasing Demand Falls Year-on-Year

Budapest’s office vacancy rate rose to 13.1% in the third quarter of 2026, while total leasing demand fell 9% year-on-year,...

Industrial

PSS Expands Hungarian Capacity Serving BMW, Mercedes and Others

Premium Sound Solutions is expanding its Hungarian manufacturing footprint with a new purpose-built plant at LogStar Park Fehérvár in Szabadbattyán...

Sustainability

Enthusiastic Visionary Optimistic About Sustainable Future

Nándor Kovács jokingly describes himself as a “revolutionary” when it comes to real estate sustainability. Spend just a little time...

Construction

Civil Engineering Surge Masks Decline in Building Construction

Civil engineering output more than doubled in Hungary in August, while building construction declined and the volume of new contracts...

Residential

Hungary’s Housing Costs Drive Buyers Toward Garden Plots and Former Wine Cellars

Rising house prices and living costs are pushing more buyers toward properties on Hungary’s outlying garden plots and vineyard land,...

Residential

Budapest Castle District Voters Back Short-Term Rental Ban

Nearly 59% of participants in an online vote in Budapest’s District I supported a complete ban on short-term rentals, Castle...

Real Estate

Erste Real Estate Investment Fund Buys H2Offices

Skanska has agreed to sell the second phase of its H2Offices complex to Erste Open-Ended Real Estate Investment Fund, represented...

Sustainability

Westend Shopping Center Wins Green Investment of the Year Award

One of the leading Budapest malls, Westend Shopping Center, operated by Gránit Pólus Group, has won the “Green Investment of...

Real Estate

Investors Becoming More Selective as Markets Rebound

Commercial real estate investment across the CEE-6 markets reached EUR 5.8 billion for H1 2026 compared with EUR 5.4 bln...

Construction

Government Gives Green Light to M49 Extension to Romanian Border

The government will proceed with the second phase of the M49 expressway, extending the road to the Romanian border, Transportation...

Sustainability

ESG Elements Central to Investment and Financing

Analysts say a sustainable recovery in the investment markets is underway, although investors are more selective in how they allocate...

Sustainability

Accreditation Systems Face More Complex Demands

Developers and asset owners in the region see a growing need for higher-level third-party sustainability accreditations such as BREEAM, LEED,...

Sustainability

The Business Case for Building Less, and Managing Better

Tibor Karsai, managing director of Rustler Kft., explains how coordinated design, investment and property operations can make circular strategies commercially...

Sustainability

Taking Discipline, Perseverance, and Goal-setting from the Pool to the Workplace

In his sporting life, Valter Kalaus was an Olympic swimmer at 18 and, now 56, competes regularly in Masters events....