Real Estate

Office Market

Skanska: Going beyond green in real estate development

Fortune magazine’s annual “Change the World” list celebrates companies pursuing socially or environmentally sustainable practices and initiatives through their core...

Office Market

Liberty: Birth of a Next-Generation Office Building

Office buildings are popping up like mushrooms in Hungary’s capital, with cutting-edge technologies vying against one another to please companies...

Office Market

Office Design and User Experience at Promenade Gardens

Architecture has always been about user experience; this is the ultimate outcome of the design process. The built environment defines...

Office Market

Building a Better, Greener Future for Budapest

The Budapest Business Journal’s Real Estate editor, Gary J. Morrell, speaks with Éva Beleznay, an architect, planner and senior sustainability...

Office Market

OTP Real Estate Fund Buys Corvin Technology Park

Futureal Group has sold the Corvin Technology Park, the fifth office block at the Corvin Promenade complex, to the OTP...

Office Market

Latest Atenor Project due to Complete Next Year

Belgium-based Atenor has launched its latest Budapest office development, the Aréna Business Campus, with the opening of a showroom at...

Sustainability

Duna House H1 profit plunges from high base

First-half consolidated after-tax profit of listed real estate firm Duna House fell to HUF 505 million, as sales dropped from...

Office Market

Aréna Business Campus showroom opens

Real estate developer Atenor says that the construction and leasing of its Aréna Business Campus development is in full swing,...

Office Market

Futureal sells Corvin Technology Park to OTP

Futureal Group has announced the sale of the Corvin Technology Park office building, the fifth office complex developed on the...

Office Market

Brown-Forman to move to Flórián Udvar

Brown-Forman, one of the largest American-owned producers in the alcohol business, has found its new Hungarian location with the assistance...

Logistics

Business confidence plunges sharply in September

GKIʼs Economic Sentiment Index, its combined gauge of consumer and business confidence, fell to a two-and-a-half-year low in September, within...

Office Market

Liberty Office Building’s green experience offers competitive edge

“Green companies” have a big competitive edge when it comes to operating costs, and hiring and retaining employees. The key...

Office Market

FLE portfolio value reaches EUR 1 bln, with 98.5% occupancy

FLE GmbH, a member of the LFPI group, says that the occupancy rate at its portfolio in Austria, Germany and...

Industrial

Thyssenkrupp moves Budapest competence center

Germanyʼs thyssenkrupp is moving its Budapest automotive industry development centre to a bigger base in the capital and adding more...

Office Market

Sustainability Accreditation the Commercial Norm Across Region

Accreditation for commercial real estate developments from an independent, third-party sustainability organization is now very much the norm for development...

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...