Real Estate

Residential

MNB: Shift From Government Bonds Fuels Q1 Home Market Surge

Household savings redirected from retail government securities significantly boosted Hungary's home market in the first quarter, the National Bank of...

Office Market

Tenant Competition Heats Up for Limited Quality Office Space

Despite current low development levels, Budapest is the second largest office market in the region after Warsaw and, therefore, plays...

Real Estate

OTP Group Launches EUR 400 mln Mixed-use Project in Ljubljana

OTP Group laid the cornerstone of a EUR 400 million mixed-use commercial and residential project at a transport hub in...

Real Estate

Homeowners Show Greater Awareness in 2025 Insurance Campaign

Hungarian homeowners are approaching home insurance with increased awareness and long-term planning, according to OVB data from the 2025 home...

Construction

Hungary’s Construction Output Slips 3.4% in March, New Contracts Down Sharply

Hungary’s construction output volume declined by approximately 3.4% year-on-year in March 2025, according to data published today by the Central...

Residential

Home Rental Rates in Hungary Climb 7.6% y.o.y. in April

Home rental rates in Hungary rose 7.6% year-on-year in April, the month-on-month price increase also nearing 1%, data compiled by...

Residential

Hungarians Rush to Renovate Amid Cost Fears: Cofidis Survey

Six out of 10 Hungarians believe now is the right time to begin home renovations, anticipating higher costs in the...

Industrial

HelloParks Starts Development of 88,000 sqm of Industrial Facilities

HelloParks has commenced construction of two industrial and logistics facilities in Fót and Páty, which will add over 88,000 sqm...

Construction

Budapest Fuels Surge in Housing Permits Despite Nationwide Dip in New Construction

New housing construction in Hungary dipped slightly in the first quarter of 2025, but an uptick in building permits—driven primarily...

Residential

5th Phase of Noise Protection Program Supported by Budapest Airport Commences

The largest noise protection program, launched by the For the Neighbors of Budapest Airport Foundation is continuing with the inclusion...

Industrial

Industrial and Logistics Developments Increasingly Target Sustainability

Responding to environmental, social, and governance market demands and EU Taxonomy requirements, developers and park operators are building more highly...

Sustainability

Lightware Reinforces ESG Commitment with Participation in Girls in STEM Day

Lightware continues to strengthen its Environmental, Social, and Governance (ESG) initiatives by fostering diversity, inclusion, and community engagement within the...

Office Market

Gránit Asset Management Makes Bucharest Office Purchase

Gordiusz Private Equity Fund, managed by Hungary’s Gránit Asset Management, has purchased the first 21,000 sqm phase of the Equilibrium...

Residential

Non-EU Nationals’ Property Market Presence Returns to Pre-pandemic Levels

The presence of property buyers in Hungary from outside of the European Union has recovered to pre-pandemic levels, broker Duna...

Office Market

WTS Klient Opens Office in Debrecen

On April 1, 2025, WTS Klient opened its new office in Debrecen. The company significantly increased its market presence in...

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...