Real Estate

Logistics

Business confidence up, consumer confidence down in October

Economic research institute GKI’s Economic Sentiment Index, its combined gauge of consumer and business confidence, reached an almost three-year low...

Office Market

ExxonMobil to move into GTC Pillar office building

The ExxonMobil Global Business Center has signed a lease agreement, involving the entirety of the GTC Pillar office building, currently...

Industrial

Commercial property investments at EUR 0.6 bln in H1

The value of commercial real estate investments in Hungary rose from a low base by 58% annually to EUR 0.6...

Office Market

BRF reports record low office market vacancy rate

According to the latest quarterly report of the Budapest Research Forum (BRF) , the Hungarian capitalʼs office vacancy rate decreased...

Industrial

Take-up of industrial property up sharply in Q3

Take-up on Hungaryʼs industrial property market rose 42% year-on-year to almost 155,000 square meters in the third quarter, the Budapest...

Sustainability

Wing to buy majority stake in Poland’s Echo Investment

Leading Hungarian property development and investment company the Wing group has announced the sealing of a deal regarding the complete...

Office Market

Double win for TriGranit at International Finance Awards

Real estate developer TriGranit took home two awards at this yearʼs International Finance Awards, winning the “Best Real Estate Development...

Construction

Construction output volume up 5.9% in August

Output of Hungaryʼs construction sector climbed 5.9% year-on-year in August, show monthly data issued Wednesday by the Central Statistical Office...

Industrial

ITK Holding lays cornerstone of HUF 2 bln expansion

Hungarian bus maker ITK Holding laid the cornerstone of a HUF 2 billion production hall at its base in Debrecen...

Office Market

Futureal starts last office project on Corvin Promenade

Hungary-based property developer the Futureal Group has commenced development of the final office complex, Corvin7, on the Corvin Promenade development...

Sustainability

CEE real estate market bolstered by overseas capital

The CEE real estate market is enjoying an unprecedented inflow of overseas capital ranging from South Africa to Asia, according...

Sustainability

Cordia to build another 2,600 homes in Poland

Hungarian residential property developer Cordia, a member of the Futureal group, has announced plans to build a further 2,600 homes...

Sustainability

Duna House feels impact of Plusz bonds on Q3 sales

Listed real estate agency Duna Houseʼs revenue from commissions edged down 2% year-on-year in the third quarter as a fall...

Industrial

Magnus Aircraft inaugurates production hall in Pécs

Hungarian light airplane manufacturer Magnus Aircraft has inaugurated a 5,100 square-meter production hall at its airport base on the outskirts...

Industrial

Land prices in Budapest skyrocketing

While building plots are traded for as little as HUF 1,000 per square meter in small settlements, in Budapest the...

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...