Real Estate

Construction

More new homes, declining housing construction sentiment

In the first half of 2020, 8,697 new dwellings were built, 34% more than a year earlier, according to a...

Construction

Pandemic plays minor role in construction sector contraction

Dwindling European Union funding at the end of the blocʼs seven-year budget period has impacted Hungaryʼs construction sector more than...

Office Market

Lease contract signed for an entire floor of BudaPart CITY

The very first lease contract has been signed for an entire floor of the BudaPart CITY office development project, according...

Residential

Record high supply of apartments for rent

The supply of apartments for rent broke a record nationwide this July, according to data from ingatlan.com, writes penzcentrum.hu....

Residential

Students may rent up to 20% cheaper this summer

According to data from Otthon Centrum, students should be able to find an apartment for rent up to 20% cheaper...

Sustainability

EBRD supports development of sustainable industrial real estate in Romania

The industrial real estate sector in Romania will receive a boost thanks to an agreement signed between the European Bank...

Industrial

Prologis Acquires new Development Plot

Leading Hungarian and regional logistic park developer and operator Prologis has acquired a 13-hectare development site adjacent to its fully...

Industrial

64,140 sqm added to Budapest modern industrial stock in Q2

In Q2 2020, 64,140 sqm of new space was added to the total modern industrial stock in Budapest and its...

Construction

Construction output down 20.1% y.o.y. in May

The volume of construction output, based on raw data, was 20.1% lower in May 2020 compared to the same period...

Sustainability

Resort real estate price rises slow

The rise in the price of residential and holiday real estate in priority resort areas slowed down in the past...

Office Market

87,750 sqm of office area delivered to Budapest market in Q2

In the second quarter of 2020, 87,750 sqm new office area was delivered to the Budapest office market in five...

Office Market

Physical offices here to stay despite rise of remote working, JLL says

Despite the rise of remote working during the COVID-19 pandemic, physical offices are here to stay, albeit with changes, according...

Sustainability

Duna House commissions revenue drops 1/3 on pandemic impact

Second-quarter commissions revenue of listed real estate broker Duna House fell 33% year-on-year to HUF 1.89 billion as lockdowns to...

Sustainability

Weekly Plusz bond sales steady

The latest weekly sales of the Hungarian Government Securities Plusz bonds for retail investors reached HUF 40.5 billion, higher than...

Sustainability

Waterfront properties sustain popularity

According to data of OTP Ingatlanpont, the market of waterfront real estate is still buzzing in the areas outside Lake...

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...

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...

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....

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,...

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...

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...

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...

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,...

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...

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...

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...

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...

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...

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...

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,...

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...

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....

Budapest Residents Move Less as Outer Districts Gain Ground

Fewer Budapest residents moved between districts in 2025, with around 29,000 people registering a new permanent address elsewhere in the...