Real Estate

Industrial

Annual prime office occupancy costs total USD 197/sqm in Budapest

Hong Kong (Central) and London’s West End topped the list of prime office occupancy costs, which come to USD 197...

Office Market

Ecodome office building construction begins

Real estate developer Redwood Real Estate Holding has recently started construction on a speculative basis of the 5,000 square-meter, A+...

Office Market

Mentor Graphics renews and expands at Infopark D in Budapest

Mentor Graphics has successfully closed a long-term lease agreement renewing its existing 837 square-meter offices and expanding by another 370...

Industrial

Appeninn purchases office building for HUF 500 mln

Appeninn has purchased a 3,403 square-meter new office building with a 90% occupancy rate on Frangepán utca in District 13...

Logistics

Consumer, business confidence improve in June

Economic research institute GKIʼs combined gauge of consumer and business confidence rose to 3.2 points in June, a historic high,...

Construction

Hungary’s construction output up 22.1% in April

Hungary’s construction output grew by 22.1% in April, compared to a low base in the same month a year earlier,...

Industrial

Hungarian firm invests HUF 1.5 bln in Mercedez-Benz dealership

Hungarian-owned JP Auto has opened a Mercedes-Benz brand dealership in Jászberény through a HUF 1.5 billion investment, according to a...

Office Market

Gateway Office Park undergoing renovation

Gateway Office Park, an office complex comprising three towers, is currently being renovated, and works are scheduled to be finished...

Office Market

Science Park renovations begin soon

Renovation work at the Science Park office building in Budapestʼs District 11 is expected to start soon at “full speed,”...

Sustainability

Hungary’s investments grow 34% in Q1

The volume of investments in the Hungarian economy grew by 34% in the first quarter of the year, as compared...

Logistics

Consumer confidence stable, business sentiment improves

Economic research institute GKIʼs combined gauge of consumer and business confidence rose to 1.7 points in May, a three-year high,...

Office Market

Debrecen to get speculative new Class ʼAʼ office building

The construction of a new 22,000 sqm Class "A" office building will soon start in Hungaryʼs second city of Debrecen,...

Office Market

Techwave moves to CityZen Offices

Global IT services and solutions provider Techwave opened a Regional Development Center in Budapest in April, on 382 square meters...

Industrial

Wing starts 14,000 sqm hall construction

Hungarian real estate developer Wing has started building a 14,000 sqm industrial hall at Hungary’s East Gate Business Park, in...

Sustainability

Balaton home prices more resistant to market fluctuations

Following the financial crisis, housing prices near Lake Balaton did not decline to the same degree as they did on...

Office Market

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,...

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...

Construction

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...

Residential

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,...

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...

Construction

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...

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....