Real Estate

Sustainability

Expert: New home construction could rise 50% this year

The number of homes built in Hungary this year could rise 3,500-4,000 over the 7,600 completed in 2015, the head...

Sustainability

Fundamenta Lakáskassza sees record year in 2015

Fundamenta Lakáskassza, a Hungarian home savings bank, saw a record year in 2015 with 30% more contracts signed than in...

Office Market

CPI Hungary welcomes new tenant

International ticket sales web system developer InterTicket Kft. signed a 1,000 sqm lease for its new office in Balance Office...

Sustainability

Triholding developing HUF 4.5 bln residential property in central Budapest

Triholding is building a HUF 4.5 billion residential property in Király utca, in Budapestʼs central District VII, the property developer...

Sustainability

MNB: Household loan stock declines but new lending rises in 2015

The stock of domestic banksʼ loans to households continued to decline but new lending rose last year, the National Bank...

Sustainability

KSH: Construction permits up, newly built homes down

Although the number of construction permits issued for residential dwellings was up 30%, to 12,515 in 2015, as compared to...

Office Market

CSOK housing support could help build energy efficiency

The following piece was written by Michael LaBelle and Sergi Moles Grueso at Central European University (CEU)....

Logistics

GKI: Consumer, business confidence slips in February

GKIʼs combined gauge of consumer and business confidence stood at -1.8 points in February, down from 1.0 point in the...

Office Market

Graphisoft Park Q4 profits steady at €742,000

Graphisoft Park, a listed company that runs a business park in the north of the capital, had after-tax profit of...

Sustainability

Analyst: CSOK will increase home sales, prices

The number of homes sold in Hungary this year is expected to reach 150,000-155,000, as compared to the previous year’s...

Industrial

Vacancy rate drops in Budapest on high demand

Greater Budapest has seen vacancy rates drop by 11% over the past two years due to strong tenant demand and...

Office Market

Skanska claims 20% of CEE office market in 2015; promises more in 2016

Skanska Commercial Development Europe last year signed final sales agreements for 11 office buildings in Central and Eastern Europe, accounting...

Sustainability

Budapest fifth most popular logistics location in CEE

Budapest was ranked fifth among the best logistics locations in Central and Eastern Europe, according to research published in “Logistics...

Construction

Hungaryʼs construction output up 8.1% in December

Output in Hungaryʼs construction sector was up 8.1% year-on-year in December, rising 3.0% overall in 2015, according to a first...

Office Market

Immofinanz Budapest buildings receive BREEAM In-Use

Three of Immofinanzʼs office buildings in Hungary – Szépvölgyi Business Park, Greenpoint7 and Central Business Center – were awarded the...

Office Market

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,...

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...

Construction

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...

Residential

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,...

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...

Construction

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...

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....