Real Estate

Office Market

Horizon Development sells Váci 1 to GLL

Munich-based real estate fund management group GLL Real Estate Partners has acquired the historic Váci 1 building from Horizon Development,...

Office Market

Graphisoft Park finances office construction from FGS credit

Graphisoft Park, a listed company that owns and operates a business park in the north of the capital, said its...

Office Market

C&W, Eston to lease BudaPart offices

International real estate advisors Cushman & Wakefield and Eston International have been trusted with the leasing of Budapest’s newest and...

Sustainability

Home prices to keep rising in Hungary, says Otthon Centrum

Hungarian home prices have not been dropping lately and no such tendency is foreseen, while loans for home purchases could...

Industrial

Australian Goodman expands Hungarian logistics base

Goodman, an Australia-based real estate firm, Wednesday inaugurated a 22,000 square-meter warehouse space at its Hungarian logistics base in Gyál,...

Office Market

Promenade Gardens welcomes its anchor tenant

Prior to the foundation stone being laid for Promenade Gardens, a new large-scale, sustainable office building on Váci út, a...

Office Market

Magyar Telekom lays cornerstone of new HQ in Budapest

The cornerstone of Magyar Telekom’s new HUF 50 billion headquarters was laid today by developer Wing, according to reports. The...

Construction

Construction output keeps dropping in September

The volume of construction output in Hungary fell by 13.2% in September, compared to the same month of 2015, with...

Industrial

Stop Shop retail parks increasing in Hungary, Slovakia

With the acquisition of a total of eight locations in Hungary and Slovakia, commercial real estate group Immofinanz is continuing...

Office Market

E.ON moves to V17, aided by CBRE

In what it says is the largest tenant move in the Budapest office market thus far this year, a total...

Sustainability

Rise in home prices halted in Q2, says MNB

Home prices hardly changed nationwide from the first to the second quarters, rising 4% in Budapest and dropping elsewhere except...

Sustainability

Hungarians build more new homes in Q1-Q3

The number of newly built homes increased by 14% to a total of 5,307 in the first three quarters of...

Logistics

Consumer, business confidence drops in October

GKIʼs combined consumer and business confidence index fell to minus 4.5 points in October from minus 3.6 points in September,...

Office Market

Hungary’s real estate market getting greener, says CBRE

The Hungarian real estate market is getting greener, real estate firm CBRE says in a report sent to the Budapest...

Industrial

Media Markt eyes two Tesco openings in Hungary

Electronic product retailer Media Markt is planning to open two stores inside separate branches of supermarket chain Tesco in 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...