Real Estate

Logistics

GKIʼs economic sentiment index weaker in March

After its historic peak in February, GKI’s index of economic sentiment fell slightly in March to 8.6, from 9.5 in...

Construction

Efficiency and labor lacking in construction sector

The biggest problem with the Hungarian construction sector is efficiency. By way of comparison, Austrian construction output is six times...

Industrial

Developer CTP expands its portfolio in Hungary

Commercial real estate developer and manager CTP announced on Wednesday two new land acquisitions in strategic locations. Construction at both...

Industrial

Warehouse space scarce despite developments

Available warehouse space is continuously shrinking in Hungary, despite significant developer activity last year, which saw ten projects add some...

Construction

Construction output leaps 43.2% in January

The volume of construction output was 43.2% higher in January 2018 than a year earlier. Output increased in both main...

Sustainability

No new homes in Budapest below HUF 20 mln

The continuous rise in real estate prices in Budapest is pushing buyers outside the capital city, where homes are somewhat...

Office Market

Atenor hands over Váci Greens building ‘D’

Belgian real estate developer Atenor has delivered the fourth phase of its Váci Greens office complex, building "D." All four...

Industrial

Spar expands with new store in Tata

Austrian-owned supermarket chain Spar Magyarország is building a HUF 4.2 billion store in Tata (NW Hungary), Managing Director Gabriella Heiszler...

Office Market

Futureal Group, K&H Bank sign credit agreement

Property developer the Futureal Group has signed a credit agreement of EUR 34.2 million with K&H Bank in order to...

Sustainability

Demand for new homes weaker in Budapest

The average time it takes to sell a new home in Budapest has grown to six months. Sales figures indicate...

Sustainability

Duna House profit slips 21% in 2017

Listed real estate broker Duna Houseʼs after-tax profit fell 21% to HUF 918 million last year, an earnings report released...

Sustainability

CSOK home subsidy scheme expands in March

The government will expand its home purchase subsidy scheme for families with children, known by its Hungarian acronym "CSOK," from...

Sustainability

Investments up nearly 17% to historic high in 2017

In the fourth quarter of 2017, the dynamic increase in investments in the national economy continued, as the volume of...

Logistics

Consumer, business confidence grow in February

Economic research institute GKIʼs combined gauge of consumer and business confidence rose to 9.5 points in February, up from 8.2...

Sustainability

Housing market develops faster in towns, villages outside capital

In 2017, 14,389 new dwellings were built in Hungary, 44% more than a year earlier. The number of dwellings built...

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...