Real Estate

Sustainability

Fewer real estate projects launched in Q1

The effects of the coronavirus are already being felt in the real estate market, as evidenced by the launch of...

Industrial

Budapest Office Vacancy put at Historic low of 5%

Total modern office stock in Budapest now stands at around 3.7 million sqm according to the Budapest Research Forum (consisting...

Office Market

New pre-lease in Váci Greens Building E

A major software development company has signed a 7,500 sqm pre-lease at Atenor’s Váci Greens Building E with the help...

Office Market

Swedish Skanska sells office building in the Polish capital Warsaw

Skanska has sold its Generation Park Z office building in Warsaw to Deka Immobilien, one of Europe’s leading real estate...

Construction

Construction sector output slips 2.5% in Jan

Output of Hungaryʼs construction sector fell 2.5% year-on-year in January, declining for the first time in almost two years, state...

Office Market

Construction Industry Faces new Challenges

Rising construction costs and scarcity of labor are seen as a major barrier to development and therefore market growth across...

Sustainability

Real estate market activity almost back at 2019 levels

Real estate market activity in February was almost as high as in the same month of 2019, with more than...

Sustainability

Home loan outlays rise to HUF 77.7 bln in January

Hungarian banks signed home loan contracts worth HUF 77.69 billion in January, 23% more than in the same month a...

Construction

EBI survey finds mixed results for construction in Q4 2019

The latest EBI Construction Activity Report, shows the lowest construction figures in many areas in the past three years in...

Sustainability

Home sales slightly down y.o.y. in February

Approximately 13,117 homes were sold in February 2020, about 3% fewer than in the same period of 2019, according to...

Industrial

Industrial Demand High but Market Underperforming

The Hungarian industrial sector is generally regarded as underperforming in comparison with its Central European neighbors. However, demand is present...

Sustainability

Duna House earnings drop 40% in 2019

Listed real estate broker Duna Houseʼs consolidated after-tax profit fell 40% to HUF 1 billion last year, an earnings report...

Sustainability

Dwelling construction up 20% in 2019

According to a recent report by the Central Statistical Office (KSH), some 21,127 new dwellings were built in 2019, 20%...

Logistics

Business sentiment worsens, consumer confidence up

Economic research company GKIʼs combined gauge of consumer and business confidence edged down to -2.6 points in February from -2.5...

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...