Real Estate

Construction

Construction output falls 12.8% in October

The volume of construction output in Hungary was 12.8% lower in October 2016 than a year earlier, according to a...

Office Market

Viennaʼs FLE acquires major office building in Budapest

FLE GmbH, part of the French LFPI group, has acquired its first real estate in CEE from an international institutional...

Construction

Construction permit procedures slow home building, says expert

Bureaucratic permit procedures and a capacity shortage in the industry are causing delays to numerous smaller residential projects, Tibor Földi,...

Sustainability

List of capitalʼs desirable addresses shows shift from Buda to Pest

Buda and District II are becoming less popular, while downtown Pest and District V are gaining in desirability, according to...

Industrial

Eston represents recently sold V188 office building

Real estate firm Eston has taken over leasing and operating tasks of the V188 office building, which was recently sold...

Office Market

Short-term problems before longer-term gain

Some view “interesting times” as a Chinese curse. Others see opportunities in change. One thing is certain: this is an...

Office Market

TriGránit bags award for Millennium Towers deal

Hungary’s TriGránit has been awarded this year’s CIJ Award for Investment Transaction of the Year by Construction & Investment Journal...

Office Market

Cordia’s Park Residence wins CIJ accolade

Cordia Park Residence, Futureal Group’s Hungarian residential building in the Corvin Promenade, has received a CIJ Award from Construction &...

Office Market

Skanska’s Nordic Light officially opens today

Nordic Light, the most recent real estate development in the Váci Corridor in Budapest, was officially opened by Skanska, according...

Industrial

CTP acquires logistics hub in Hungarian expansion

Commercial property developer and manager CTP has signed an agreement to purchase logistics and manufacturing facilities in Hungary with a...

Office Market

CPI Hungary receives property accolade

Real estate firm CPI Hungary has received the accolade of Relaunch of the Year at the CIJ Awards Hungary, according...

Sustainability

Duna House reconvenes EGM to vote on capital raise

Real estate broker Duna House said it is convening an EGM scheduled for November 28 to authorize the board to...

Industrial

JLL sees growing developments on Budapest office market

Increasing development activity in Budapest has affected the vacancy rate, which has slightly increased to 10.9% as a result of...

Sustainability

Futureal Group’s Cordia to roll out 1,660 new residential units

Cordia, Futureal Group’s residential development subsidiary, has announced the largest roll-out of residential development projects in Hungary by any developer...

Logistics

Consumer, business confidence improve in November

GKIʼs combined consumer and business confidence index rose to -2.2 points in November, up from -4.5 points in October, Hungarian...

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...