Real Estate

Sustainability

Budapest landlords enjoy high returns on rented property

Gross returns on rental of residential property exceeded 7% in both Budapest and several Hungarian cities with universities. This is...

Office Market

Debrecen aims to draw more SSC jobs with new office building

Local council-owned asset manager Debreceni Vagyonkezelő and construction company HUNÉP Universal laid the cornerstone of a HUF 10 billion office...

Logistics

Business confidence down, consumer confidence up

Economic research institute GKIʼs combined gauge of consumer and business confidence slipped to 4 points in August, from 4.2 points...

Industrial

Magnus Aircraft to build factory in Pécs

Hungaryʼs Magnus Aircraft aims to build a HUF 5.2 billion plant in Pécs, according to state news wire MTI. The...

Industrial

Eissmann Automotive plans expansion in Hungary

German-owned car interior maker Eissmann Automotive Hungaria is planning expansion worth at least EUR 6 million at its base in...

Construction

Hungaryʼs construction sector output up 27% in June

The volume of construction output was 27.2% higher in June 2017 than the low base a year earlier. Output increased...

Sustainability

Home loan outlays at multi-year high in June

Hungarian banks signed contracts for HUF 66.8 billion of new home loans in June, 37.4% more than in the same...

Sustainability

Both new dwellings and permits grow in H1

Some 46% new dwellings were built in the first half of 2017, as compared to the same period a year...

Sustainability

Investors spent EUR 795 mln in Hungary’s commercial real estate market in H1

After an outstanding investment market performance in 2016 with EUR 1.54 billion invested, investors have already spent EUR 795 million...

Logistics

Business confidence improves, consumer confidence slips in July

Economic research institute GKIʼs combined gauge of consumer and business confidence rose to 4.2 points in July, a historic high,...

Office Market

Rail Cargo moves to almost fully let Nordic Light

Nordic Light’s occupancy rate has reached 98% with Rail Cargo Hungaria Zrt., part of Europe’s second largest rail forwarding company,...

Industrial

Vacancy rate on Budapest industrial property market at record low

The vacancy rate on Budapestʼs industrial property market dropped 0.4 percentage points from three months earlier to a record low...

Construction

Hungary’s construction output grows 35.4% in May

Hungary’s volume of construction output grew by 35.4% in May, as compared to the same month a year earlier, with...

Office Market

Futureal Group starts construction of Corvin 5 office building

Futureal Group has started construction of the Corvin 5 office building in Budapest, according to a press release sent to...

Office Market

Cushman & Wakefield represents BlackRock at GTC White House

Cushman & Wakefield has represented BlackRock, the world’s leading asset manager, in its 3,500 square-meter office lease transaction at GTC...

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...