Real Estate

Sustainability

Govʼt submits bill on preferential VAT rate for ʼrust beltʼ homes

The government submitted a bill to Parliament late Tuesday that would lower the VAT rate on home construction in "rust...

Sustainability

Plusz bond weekly sales up

The latest weekly sales of the Hungarian Government Securities Plusz bonds for retail investors reached HUF 40.3 billion, up from...

Logistics

Consumer, business confidence improves in May

GKIʼs combined gauge of consumer and business confidence rose to -28.1 points in May from -33.1 points in April, the...

Office Market

Futureal starts construction of Corvin Innovation Campus

Futureal Group has launched the construction of Corvin Innovation Campus, an office complex equipped with contactless technology offering almost 30,000...

Sustainability

Markets Waiting for Governments to hit the Play Button

The preliminary investment volumes for Central and Eastern Europe (Poland, Czech Republic, Slovakia, Hungary, Romania and Bulgaria) for the first...

Office Market

Major upgrades coming at myhive Haller Gardens

Major upgrades, including new services for tenants, will be introduced this year at the myhive Haller Gardens office building, real...

Office Market

Aréna Business Campus Building ʼAʼ receives occupancy permit

Building "A" of Belgian real estate developer Atenorʼs Aréna Business Campus project has received an occupancy permit, according to a...

Sustainability

HUF 300,000 per sqm minimum for real estate in Budapest

There is no district in Budapest where the average price per square meter of real estate is below HUF 300,000,...

Construction

Construction output volume down 3.4% y.o.y. in March

Based on raw data, the volume of construction output fell 3.4% in March 2020 compared to the same month of...

Office Market

New management at Property Market and Kopaszi Gát

Property Market Real Estate Development Ltd. announced the appointment of Mihály Schrancz as managing director, and named Bence Nádasdy he...

Office Market

Interior Design Central to a Successful Office Project

Issues related to interiors are increasingly integrated into the concept, design and project management of office developments in reaction to...

Office Market

Strong Office Demand Expected to Continue After the Crisis

Office (along with logistics) is the commercial real estate sector in the most favorable position concerning the coronavirus crisis and...

Sustainability

Crisis to Accelerate Some Trends, but Quality Buildings Will Maintain Value

Once economic life recovers from the COVID-19 pandemic, it is likely we will find that certain trends have been accelerated,...

Industrial

New Office Hubs Attracting Developers

One of the major challenges for office developers in Budapest is to source suitably-sized, well-located development plots that provide visibility,...

Office Market

Market Talk: Likely Need for More Flexible Space Post-COVID

With positive supply and demand fundamentals in the Budapest office market prior to the COVID-19 crisis, the Budapest Business Journal...

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...