Real Estate

Industrial

Office vacancies in Budapest rise to 9.7% in Q2

The rate of office space vacancy in the Budapest market increased by 1.1 percentage points to 9.7% in Q2 of...

Industrial

C&W: Budapest offers 1.9 mln sqm industrial space

The Hungarian capital has a total of 1.9 million square meters of industrial space on offer, and has followed the...

Industrial

Immofinanz signs leases for 40,000 sqm in Hungary

Since the beginning of the year, real estate firm Immofinanz has signed lease agreements in Hungary for property of a...

Sustainability

Hungary’s brick production up 50% in H1

In the first half of the year, output by Hungarian brick producers increased by approximately 50% compared to the corresponding...

Construction

KSH: Construction output drops 26.6% in May, y-o-y

The volume of construction output in Hungary was down by 26.6% in May as compared to the same month a...

Sustainability

Property investment in first half exceeds last yearʼs total

The value of commercial real estate transactions in Hungary during the first half of this year tripled compared to the...

Industrial

Prologis secures first tenant in Budapest-Sziget park

Global logistics real estate firm Prologis secured its first lease agreement in Prologis Park Budapest-Sziget DC7 for a 4,800 sqm...

Sustainability

Duna House readying for potential IPO

Hungarian real estate broker Duna House is readying for an initial public offering (IPO) of its shares possibly as soon...

Sustainability

Hungary’s Competition Office clears MNB foundation’s real estate purchases

The Competition Office of Hungary (GVH) gave the go-ahead for the purchase of four new real estate properties by the...

Logistics

Business, consumer confidence slip in June

GKIʼs combined gauge of consumer and business confidence stood at -3.7 points in June, down from -3.2 points in the...

Industrial

UPS expands $2 mln logistics base near Budapest’s airport

U.S.-based delivery firm UPS has begun building a $2 million expansion at its logistic base near Budapestʼs Liszt Ferenc International...

Office Market

IMMOFINANZ has firm grip on local SSC market

Country Manager Operations HU, Viktor Nagy (pictured) and Leasing Manager and Marketing Coordinator, Gergely Koó of IMMOFINANZ spoke about Budapest’s...

Office Market

JLL says Eiffel Square sale was biggest such deal this year

JLL announced today that it was the advisor for German asset and investment manager KGAL when it purchased Budapest’s Eiffel...

Office Market

Europa Capital sells Eiffel Square office-park complex

Europa Capital and its local partner, ConvergenCE, announced today that they have completed the sale of the 23,000 sqm Eiffel...

Construction

KSH: Hungary’s construction output drops 29.8% in April

Hungary’s construction output volume was down 29.8% in April as compared to the same month a year earlier, however, as...

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...