Real Estate

Construction

May construction output up 15.1%

The volume of construction output in Hungary was 15.1% higher in May 2018 than a year earlier, based on monthly...

Office Market

Cordia starts 1,300-apartment development in Budapest

Cordia, the residential subsidiary of the Futureal Group, has announced its entrance onto Budapest’s District 9 market with a 1,300-apartment...

Construction

Industrial output barely grows in May

Hungaryʼs industrial output rose 0.4% year-on-year in May, the Central Statistical Office (KSH) said in a first reading of data...

Sustainability

New home shortage expected from 2021

Takarék Mortgage Bank, previously known as FHB Mortgage Bank, expects home prices to continue rising this year, but the pace...

Sustainability

Household savings ratio rises; home loans at 15-year high

Hungaryʼs four-quarter rolling net household financial savings ratio rose further, to 5.5% of GDP, in the first quarter of 2018....

Sustainability

Otthon sells priciest homes in capitalʼs District 2

Not many high-priced homes are sold in Hungary, according to data compiled by residential real estate trading and advisory firm...

Office Market

Kulcs-Soft to move to Ecodome

Professional business software company Kulcs-Soft Nyrt. is set to move into the Ecodome office building in Buda’s District 2, which...

Logistics

Economic sentiment reaches new peak in June

The Economic Sentiment Index measured by research institute GKI continues to be high. Business expectations in June were close to...

Office Market

HB Reavis to open co-working office in Budapest

International real estate developer HB Reavis is set to open its first HubHub co-working office on Király utca in Budapest...

Industrial

Budapest tops for both wages and home prices

Although the highest wages in Hungary are paid in Budapest, this is also the city where people need to work...

Office Market

Construction starts on Budapestʼs Millennium Gardens office complex

TriGranit has announced the start of construction of its new "Class-A" office development, Millennium Gardens, which is the final element...

Construction

Hungarian construction output growth continues in April

The volume of construction output was 14.2% higher in April year on year, based on raw data released by the...

Office Market

Celanese moves to Promenade Gardens, Citibank to follow

Celanese Corporation has become the first tenant of the Erste Open-Ended Real Estate Fund’s recently completed Promenade Gardens office building,...

Industrial

Coloplast completes third phase of factory in Nyírbátor

A newly built production hall of Danish-owned medical products company Coloplast was inaugurated in Nyírbátor (265 km east of Budapest)...

Industrial

Magnus Aircraft tops out HUF 5.2 bln plant in Pécs

Hungaryʼs Magnus Aircraft topped out a HUF 5.2 billion plant it is building in Pécs (SW Hungary) on Wednesday. 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...