Real Estate

Industrial

Real estate discounts getting bigger

According to the latest sales data of OTP Real Estate, between November 2019 and the end of January 2020, buyers...

Office Market

OTP acquires 2nd phase of Corvin Technology Park

OTP Prime Real Estate Investment Fund has fully acquired the Corvin Technology Park office building, with the current acquisition of...

Office Market

Skanska sustainable office portfolio to hit 1 mln sqm in 2020

Real estate developer Skanska says that its sustainable office space is expected to increase by 300,000 sqm this year, with...

Industrial

Agricultural machinery production developed last year

Almost HUF 1 billion was spent to develop agricultural machinery production in Jász-Nagykun-Szolnok and Hajdú-Bihar counties, writes magro.hu....

Construction

Construction output increased by 21.7% in 2019

According to raw data, construction output was 2.7% higher in December 2019 than a year earlier, according to Central Statistical...

Sustainability

Central Europe Continues to Attract Investors

2020 is forecast to be another very active year in the Central European investment markets, with further growth in activity...

Industrial

Demand for Commercial Property Remains Strong, Says CBRE

Favorable economic indicators for Hungary, such as the highest projected GDP growth for 2020-2021, is having a positive impact both...

Sustainability

Cordia acquires controlling stake in Polish peer Polnord

Hungarian property developer Cordia has raised its stake in listed Polish peer Polnord from 1.14% to 65.66%, after acquiring almost...

Office Market

Budapest One Business Park named Europa Design WELL Project of the Year

Budapest One Business Park was named the Europa Design WELL Project of the Year 2019 at the EuropaProperty CRE gala,...

Office Market

Get Ready to say Goodbye to the Open Plan Office

This decade, offices are expected to transform drastically. It is not only the changing generations that are driving this rejuvenation,...

Office Market

Atenor Tops out Latest Office Project

Atenor and its contractor, Péter Építő have topped out Aréna Business Campus Building “A”. The first eight level phase of...

Sustainability

Home price growth slows countrywide in Hungary

Home price growth slowed in Hungaryʼs biggest cities as well as the capital in the third quarter, a report released...

Office Market

BudaPart project wins two CIJ awards

The recently completed residential buildings of the BudaPart project have been awarded the "Best Residential Development" prize and the"Grand Prix"...

Industrial

Budapest modern industrial stock nears 2.25 mln sqm

The Budapest Research Forum (BRF) says that total modern industrial stock in Budapest and its surroundings stood at 2,246,960 sqm...

Logistics

Consumer, business confidence deteriorate in Jan – GKI

Economic research institute GKIʼs combined gauge of consumer and business confidence fell to -2.5 points in January from -1.1 points...

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...