Real Estate

Office Market

DTZ, GVA to rent office space in Corvin Promenade

Property developer Futureal Group has signed an exclusive contract with DTZ Hungary Kft and GVA Hungary Kft to rent space...

Sustainability

PSzÁF warns austerity measures could hurt banks – extended

Austerity measures recently introduced by the government could have far reaching effect on the banks' property lending as demand for...

Sustainability

Deutsche Bank to invest €1 bln in Bulgaria in 2007

Deutsche Bank AG, Germany's biggest bank, will fund energy, road- and bridge- construction projects in Bulgaria worth of €1 bln...

Construction

Construction sector output up 7.5% yr/yr in October

Output volume of Hungary's construction sector rose 7.5% in October compared to the same month a year earlier, according to...

Office Market

GTC wins multiple awards in Budapest

GTC Hungary won two prestigious awards at the CIJ (Construction and Investment Journal) annual awards on 7th December, 2006 in...

Sustainability

Concentration increases on Hungary’s retail market

The number of retail units in Hungary fell by 638 units or 0.6% in the first nine months of 2006...

Office Market

Cabinet picks site of new government quarter

The Hungarian government selected an area near central Nyugati railway station in District 6 for the site of its planned...

Sustainability

Investment volume in Hungary down in Q3

Investment volume in Hungary fell 3.8% yr/yr to Ft 1,132.9 billion at current prices in the 3Q of 2006, preliminary...

Sustainability

Elephant Holding launches Ft 6.5 bln housing project

Elephant Holding Zrt has recently started a new housing investment, the business daily Napi Gazdaság reported....

Construction

Construction sector output falls 3.3% yr/yr in August

Output volume of Hungary's construction sector fell 3.7% in September compared to the same month a year earlier, according to...

Office Market

Futureal proposes District 8 rehab area as site for gov’t quarter

Property developer Futureal Group has offered to build Hungary's planned new government quarter in an area of Budapest's District 8...

Sustainability

Morgan Stanley seeks $8 bln for property fund

Morgan Stanley, the largest real estate investor among Wall Street banks, is raising as much as €6.2 billion ($8 billion)...

Sustainability

Home building permits down 18.6% in Q1-Q3 2006

Hungary's building market continued to show signs of a slowdown in January-September 2006, with the number of new home building...

Sustainability

Russian commercial property investment surges 10-fold to record

Russia's commercial real estate market is attracting a record amount of investment as surging economic growth drives demand and prices...

Sustainability

Budapest Research Forum joint Q3 data

The third quarter of 2006 showed 20% less leasing activity compared to the previous quarter, with 59,400 square meter of...

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...