Real Estate

Industrial

Government finalizes national bus industry strategy

Hungaryʼs government finalized a national bus production strategy that will support the industry with HUF 30-35 billion over the next...

Office Market

GTC plans to launch new investment in Budapest

Real estate developer GTC will, in the coming weeks, launch a 21,500 sqm office building investment, referred to as White...

Office Market

Morgan Stanley expands office in Budapest

By signing a lease for another office space in Millennium Towers, the Hungarian subsidiary of Morgan Stanley in Budapest is...

Sustainability

MFB to provide HUF 115 bln in credit for energy efficiency upgrades

State-owned Hungarian Development Bank (MFB) will make HUF 115 billion in zero-interest credit available for energy efficiency upgrades of Hungarian...

Office Market

Váci 1 building renovations wind up

Horizon Development finished the renovation of Váci 1, a landmark building in downtown Budapest located on Vöröstmarty tér (square), according...

Sustainability

MNB: Demand for home loans climbs

Hungarian banks disbursed HUF 41.5 billion in home loans to retail clients in April, up 72% from the same month...

Office Market

Report: 93% of Budapest office buildings older than five years

As much as 93% of Budapestʼs office buildings are more than five years old given that only 22 new office...

Sustainability

Analysis: Home sales expected to reach 155,000 in 2016

The number of home sales in Hungary is foreseen to grow to approximately 155,000 from the previous year’s 130,000-135,000, according...

Sustainability

Nielsen: Hungary’s retail food sales up 5% in Q1

Retail food sales in Hungary were up 4.6% in the first quarter, as compared to the same period a year...

Office Market

Kopaszi gát investment to receive ‘elevated significance’

Property Market Real Estate Development, a subsidiary of construction company Market Group is finalizing permits for the development of the...

Logistics

Consumer confidence on the rise, business confidence stable

GKIʼs latest surveys on the Hungarian economy showed that business confidence had stayed roughly the same while consumer confidence improved...

Office Market

HB Reavis acquires third property in Budapest

International real estate developer HB Reavis announced the acquisition from Europa Property Fund of the BEM Palace in Budapest, the...

Sustainability

MNB: Banking sector ROE could reach 6-8% in 2016-2017

A lower tax burden, lending growth and improved cost efficiency could raise the return on equity of Hungaryʼs banking sector...

Sustainability

Investment fund acquires Zala Park shopping center

Magyar Posta Savings Real Estate Investment Fund has acquired the Zala Park shopping center in Zalaegerszeg, western Hungary, from a...

Office Market

BNP Paribas Real Estate Hungary wins property management tender

BNP Paribas Real Estate Hungary won a property management instruction in a tender process for Váci Greens office building ‘B’,...

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...