Real Estate

Industrial

Honeywell plans €10 mln expansion in Hungary

American multinational conglomerate Honeywell will spend €10 mln to expand its base in Nagykanizsa in western Hungary, Foreign Minister Péter...

Industrial

BorgWarner launches HUF 9 bln expansion in Hungary

US automotive industry supplier BorgWarner laid the cornerstone of a HUF 9 bln turbocharger plant at its base in Oroszlány...

Industrial

Window maker ISO inaugurates HUF 400 mln expansion

Hungarian window and shutter maker ISO inaugurated a HUF 400 mln construction hall and showroom in Szentendre, near the capital,...

Office Market

HUF 360 mln business incubator completed

A HUF 360 mln business incubator has been completed in Gödöllő, near Budapest, the managing director of project manager Elszer...

Office Market

Erste property fund buys Vision Towers

Erste Open-end Real Estate Investment Fund has acquired Futureal’s iconic new Vision Towers (North) office block serving as KPMG’s Headquarters,...

Industrial

Hungary’s residential prices cheapest in the region

With an average price of €917 per square metre, Hungary's household property market is the cheapest in central Europe, a...

Industrial

Nolato completes €4 mln expansion in Hungary

Swedish medical devices producer Nolato completed a €4.1 bln expansion at its Hungarian plant located in Mosonmagyaróvár, northwest Hungary, company...

Industrial

Fiers Mechanika completes HUF 511 mln expansion

Hungarian-owned toolmaker Fiers Mechanika completed a HUF 511 mln expansion at its base in Szabadbattyán, the company announced today....

Office Market

Matolcsy defends MNB’s property purchases

National Bank of Hungary governor György Matolcsy defended the central bank's recent real estate purchases against criticism from a predecessor...

Sustainability

How to build more homes: MEASZ’s strategy

Hungarian building material suppliers association MEASZ proposes a number of incentives to boost the construction of new homes in the...

Construction

KSH: Construction sector output up 17.5%

Output of Hungary's construction sector climbed 17.5% year-on-year in July, accelerating from a 9.8% increase in the previous month, the...

Office Market

FHB’s Diófa unit buys Green House offices from Skanska

Swedish property developer Skanska sold its Budapest Green House office building to a unit of the Hungarian FHB Group for...

Construction

KSH: Construction sector output volume up 9.8%

The Central Statistics Office (KSH) reports a continuing increase in construction output, up in June year-on-year by 9.8 %. However...

Sustainability

Bad bank expected to yield profit

Cleaning the corporate lending portfolios of banks, which will be the task of a new "bad bank" set up by...

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...