Real Estate

Sustainability

Baucont wins tender to build central bank conference center

Baucont has won a tender to build a conference center for the National Bank of Hungary (MNB) with a bid...

Sustainability

Immoeast buys office park in Budapest for €80 mln

Immoeast Immobilien Anlagen AG, an Austrian-based real-estate developer that operates in Eastern Europe, bought an office park in Budapest for...

Construction

Construction output up adjusted 13.8% yr/yr in March

Construction industry output in volume terms rose a working-day adjusted 13.8% in the twelve months to March 2006, the Central...

Sustainability

Real estate market expands in Q1 on sales of office, retail and warehouse space

The Budapest real estate market improved in the first quarter of 2006, due to an expanding market for office, retail...

Sustainability

Ecostat real estate index slips 1.5 to 46.5 in Q1

Market research company Ecostat's real estate index fell 1.5 to 46.5 in the first quarter of 2006, well under its...

Sustainability

Home building permits down 8% in Q1 2006

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

Office Market

WIGO to complete Ft 2 bln complex in Pécs by August

Hungarian-owned property developer WIGO announced on Friday it will complete construction of a Ft 2 billion business and residential centre...

Construction

Industrial output expands at near-record pace in January

Hungary's industrial output achieved a near-record increase in January, rising 14% year on year (or a workday-adjusted 11%), partly due...

Sustainability

TriGránit wins €150 mln-€200 mln tender

Construction company TriGránit Rt has won a tender worth €150 million-€200 million to renovate a train station in Belgrade, the...

Sustainability

Supply on office market to jump in 2006 – DTZ

Supply on Budapest's modern office space market could expand as much as 200,000 square meters in 2006, well over the...

Construction

Construction output up 12.8% yr/yr in January

Construction industry output rose 12.8% year-on-year in volume terms in January 2006 after adjustment for differences in the number of...

Sustainability

Office property market expands slightly in 2005

Property developers signed new leases for 235,000 square meters of new office space in Hungary in 2005, slightly more than...

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...