Real Estate

Office Market

ConvergenCE buys Central Business Center

Budapest-based commercial real estate investor and developer ConvergenCE has announced the acquisition of the Central Business Center in District 2...

Office Market

JLL renegotiates Skyscanner’s leasing terms

International travel search portal Skyscanner will continue to operate on 1,000 square meters in the K6 Office Building in Budapest,...

Sustainability

Dunakeszi, Szigetszentmiklós increasingly popular satellites

The municipalities of Dunakeszi (18 km north of Budapest) and Szigetszentmiklós (20 km south of the capital) have become the...

Construction

Construction output up over 35% in H1 2019

Output of Hungaryʼs construction sector climbed 20.3% year-on-year in June, show data released Monday by the Central Statistical Office (KSH)....

Sustainability

Hungarians need seven yearsʼ salary for new home – Deloitte

Although home prices in Hungary have risen at the fastest clip in Europe, it still takes Hungarians only a little...

Industrial

Hungarian section of Lake Fertő to get HUF 30 bln investment

The government has set aside HUF 30 billion in state money for infrastructural development of the Hungarian stretch of Lake...

Office Market

Atenor first to design buildings according to Access4You certification

Atenor is the first property developer to design its buildings according to the criteria of the accessibility certification and evaluation...

Sustainability

Nordic Light Trio Acquired by Asian Investors

Skanska has sold the 14,000 sqm Nordic Light Trio office building to JR AMC, a South Korean real estate investment...

Office Market

Budapest office market vacancies hit record low

The vacancy rate on the Budapest office market fell to a record low of 6.3% in Q2 2019, with the...

Office Market

Skanska’s Nordic Light Trio sold to Korean investment trust

Skanska has sold its Nordic Light Trio office building in Budapest to JR AMC, a South Korean real estate investment...

Logistics

Business, consumer confidence deteriorate in July

Economic research institute GKIʼs Economic Sentiment Index, its combined gauge of consumer and business confidence, fell to 0.6 points in...

Industrial

Retailers Continue to be Attracted to Hungary

The leading shopping centers and high streets are performing well in Budapest in the view of most analysts, with secondary...

Sustainability

Duna House sees lower activity, higher prices in Q2

Investors were less active on the real estate market in the second quarter of 2019 than a year before, with...

Construction

Construction output slows in May

Output of Hungaryʼs construction sector climbed 26.3% year-on-year in May, data released by the Central Statistical Office (KSH) on Tuesday...

Sustainability

Duna House signs for HUF 2.4 bln loan from Raiffeisen

Hungarian real estate agency Duna House Holding said on Thursday that it has signed a contract with Raiffeisen Bank for...

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...