Real Estate

Office Market

Skanska leases 79% of Nordic Light Trio to healthcare company

Skanska has announced it has signed a deal to lease a total of 10,600 sqm of office space in the...

Office Market

Making Better Use of Office Energy

Hungary’s buildings are becoming ever more energy-efficient in a movement being driven in equal parts by legislators, tenants and developers,...

Industrial

Futureal Concludes Financing for Etele Plaza

Futureal have concluded a EUR 150 million (about HUF 48 billion) loan agreement with UniCredit Bank and Erste Group for...

Office Market

Millennium Gardens: An Astonishing Location on the Danube

TriGranit’s newest development, Millennium Gardens, which is the final element of the two-time FIABCI Award-winning Millennium City Center in Budapest,...

Office Market

Market Talk: How Green is my Valley?

We asked several of the leading names in the property development business to assess Hungary’s green credentials when it comes...

Sustainability

Future of 5% VAT on residential properties in Hungary

The reduced 5% VAT rate on residential properties undeniably played an important role in strengthening the real estate industry. Although...

Office Market

Wing completes new Telekom & T-Systems HQ

Real estate developer Wing Zrt. has completed the development of a new nine-story, 100,000 square-meter office building which will serve...

Sustainability

Dentons advises NEPI Rockcastle on Mammut deal

Law firm Dentons advised South African-listed real estate investor and developer NEPI Rockcastle on the acquisition of 100% of Mammut...

Logistics

Consumer confidence up, business confidence down in September

Economic research institute GKIʼs economic sentiment index, its combined gauge of consumer and business confidence, declined 1.2 points to 5.5...

Office Market

Helping Tenants Achieve Office Wellness

The WELL certification system could be a “game changer” in terms of office fit out, says Péter Takács, a partner...

Office Market

Skanska’s Journey to green

Skanska, the Sweden-based multinational construction and development company, embedded green thinking into its culture and ways of working. András Schmidt,...

Office Market

Sustainability Development now the Regional Norm

Accreditation from a third-party sustainability organization such as BREEAM or LEED is now the norm for new developments in the...

Industrial

First CEE BIM-designed Logistics Center Started by Prologis

Prologis has begun development of what it describes as the first Building Information Modeling (BIM)-designed logistics center in Central and...

Industrial

Industrial Demand Continues to Rise

The Central European industrial and logistics market is continuing to record high demand, reflecting the indicators in the wider European...

Office Market

Skanska starts third phase of Nordic Light office project

Skanska is investing around EUR 29 million in the third phase of the Nordic Light office complex. Located in 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...