Real Estate

Construction

Construction output volume up 38% y-o-y in July

The volume of construction output was 38.0% higher in July 2018 than a year earlier based on raw data, rising...

Office Market

‘Outstanding’ ITSH Moving in and Moving On

When IT Services Hungary Kft. moved into its new state-of-the-art headquarters in Mill Park on August 30, the investment was...

Office Market

Buddha Bar opens in Váci Greens D, building 100% let

Real estate advisory firm Cushman & Wakefield has contributed to Buddha Original Sushi & Wok Bar opening a 289 square-meter...

Office Market

Skanska Sells Mill Park

Skanska Property has sold its dual-phased, 36,000 sqm Mill Park development to Hungary’s Erste Alapkezelő, a subsidiary of Erste Asset...

Sustainability

Strong Investment Predicted for H2

JLL forecasts that CEE regional investment volume will reach or exceed EUR 12 million, in line with 2016 and 2017...

Office Market

Electrolux Hungary moves HQ to Promenade Gardens

The Hungarian branch of Swedish multinational home appliance manufacturer Electrolux set up its 1,730 square-meter headquarters this month in Promenade...

Sustainability

Home loan outlays high, but below June peak

Hungarian banks signed contracts for HUF 82.9 billion of new home loans in July, 43.6% more than in the same...

Logistics

Consumer, business confidence decline in August

Research institute GKIʼs Economic Sentiment Index, a combined gauge of consumer and business confidence, declined by 3.8 points to 6.7...

Sustainability

Budapest home prices skyrocket year-on-year

Compared to August last year, home prices per square meter in Budapest have risen on average 20%, but there is...

Industrial

Rising prices lure real estate investors

The main reason for real estate acquisition in Hungary is investment, according to a recent study by real estate broker...

Industrial

Holiday home prices rising fast

Lake Balaton continues to lead in terms of the most expensive waterfront holiday homes in Hungary, with an average price...

Construction

Construction sector output climbs 28% in June

The volume of construction output was 28.2% higher in June 2018 than a year earlier based on raw data. Output...

Sustainability

Home market ʼeuphoric,ʼ says GKI

The GKI real estate index and the Budapest index rose in July both in year-on-year terms and compared to the...

Office Market

Skanska sells Mill Park to Erste Real Estate Fund

Skanska has sold Mill Park, a two-building office project in Budapest, to the real estate fund of Erste Alapkezelő Zrt.,...

Construction

Hungaryʼs industrial output growth accelerates

Hungaryʼs industrial output rose 4.2% year-on-year in June, the Central Statistical Office (KSH) said in a first reading of data...

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...