Real Estate

Office Market

Valid construction permit granted for Paris Department Store, Budapest

ORCO Property Group received the official construction permit for the Paris Department Store project, reconstruction works can begin at the...

Sustainability

Hike in real estate prices threatens economy

Overpriced real estate assets and large personal debts increase risks and may lead to economical halt, a new report by...

Sustainability

Romanian land costs 5 times more than in Poland – says Polimeni

American developer Polimeni International, which announced investments worth €300 million ($414 million), has completed its first two acquisitions on the...

Construction

Hungary’s construction sector output up 4.1% on year

Data from Hungary's Central Statistical Office (KSH) shows that the country's construction sector output rose by 4.1% year-on-year in May...

Sustainability

Living in Budapest, living in Hungary

Over the past five years foreign interest in Hungary, and in particular its capital city Budapest, has been high....

Office Market

IMMOEAST Acquires S-Park in Bucharest for €101.5 mln

IMMOEAST has acquired another property in Bucharest. With S-Park, one of the most prominent new office developments this year has...

Sustainability

EBRD financing boosts Romanian regional property sector

Romania's regional cities will benefit from new employment and retail opportunities at brand new commercial centers built with the help...

Sustainability

Negative prospects for emerging markets

Despite US economic growth slowing down, upcoming regions are seeing a favorable global environment, with inflation at bay....

Sustainability

Westhill to invest €100 mln in Romanian retail projects

Westhill, a British provider of consulting and real estate development services, is set to invest €100 million ($135.3 million) in...

Office Market

Hungarian Arcadom to build new Pannon HQ

Hungarian-owned Arcadom construction company will, as the main-contractor, build the new headquarters of local mobile carrier Pannon in Törökbálint, in...

Sustainability

Polish company to build €77 mln mall in Bulgaria

Polish company Globe Trade Center (GTC) will enter the Bulgarian real estate market with the construction of a €77 million...

Sustainability

US home prices fall for first time since 1991

Data through March released today by S&P’s Case-Shiller Home Price Indices, the leading measure of US home prices, shows negative...

Sustainability

Skanska invests commercial projects in Poland and Czech Republic

Swedish Skanska AB is starting three new commercial development projects in Central Europe totaling about 620 million kronor ($91.45 million)....

Sustainability

Biggeorge’s investing Ft 90 billion

Hungarian real estate group Biggeorge's Holding has altogether fourteen investments underway in Hungary, valued at a total Ft 90 billion,...

Sustainability

R.G.I. reports profit of $88.3 mln, plans to sell shares – extended

R.G.I. International, a Moscow- based real estate developer that listed its shares in London in December, reported a profit for...

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...