Real Estate

Industrial

TriGranit awarded World Finance Real Estate prize in London

The prestigious World Finance Magazine was awarded to TriGranit, one of the leading real estate platforms in Central Europe, with...

Office Market

Media Markt leases 2,888 sqm in city’s BC140 Office Building

Cushman & Wakefield, representing a German fund, has successfully closed a long-term lease agreement with Media Markt extending to 2,888...

Office Market

Foundation stone laid for Promenade Gardens

The foundation stone for Budapest’s latest office project, Promenade Gardens, was ceremonially laid yesterday. The 25,000 sqm commercial property on...

Industrial

Office market closes robust Q3, momentum may linger into next year

Occupier demand remained robust in the Hungarian office market in the third-quarter of the year, a trend Cushman & Wakefield...

Sustainability

Hungary’s homes market recovery demand-driven, says MNB

The recovery on Hungaryʼs homes market over the past year has been supported by a number of demand-side factors, while...

Office Market

Balance Building reaches 80% occupancy

Real estate firm CPI Hungary has handled 2,500 square meters of leases in the Balance Building on Budapestʼs Váci út...

Office Market

Futureal starts EUR 36 mln office complex in Budapest

Hungarian property developer Futureal Group laid the cornerstone of a EUR 36 million office building in Budapest today, Hungarian news...

Construction

Construction output down 9% y-o-y in August

The volume of Hungary’s construction output dropped by 9% in August compared to the same month a year earlier, with...

Sustainability

Home savings banks’ share of home loans edges up to 8%

Home savings banksʼ share of overall home loans edged up 1% to a little more than 8% in the first...

Industrial

Hungarian toolmaker finishes HUF 900 mln investment

Hungarian tool manufacturer Csaba Tool has inaugurated a plant in Ajka through an investment of HUF 900 million, for which...

Sustainability

Home construction costs in Hungary grow 2.5% in Q2

The cost of home construction in Hungary grew by 2.5% in the second quarter of the year, as compared to...

Industrial

Retail sales turnover keeps growing on Sunday trading

Although less than a year has passed since the Hungarian government abolished its law prohibiting major retailers from opening on...

Office Market

Budapest office market gains momentum, lifted by renewals

Budapest’s office market has certainly been gaining momentum, chiefly due to recently renewed buildings, as new tenants are seen to...

Office Market

CPI completes warehouse near Budapest airport

Real estate firm CPI has finished the construction of a 6,700 square-meter warehouse for BTS Logistics in the Airport City...

Office Market

Futureal, Erste sign EUR 10 mln agreement for Corvin Corner

Real estate concern the Futureal Group has successfully refinanced its Corvin Corner office building by signing a credit agreement with...

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...