Real Estate

Office Market

Graphisoft Park Reports 11% Profit Growth in Q3 2024

Graphisoft Park, which owns and operates a business park in the north of Budapest, announced a strong financial performance for...

Logistics

Phoenix Builds Modern Pharma Logistics Center in Győr

To enhance pharmaceutical supply in the western Hungary region, Phoenix Pharma Zrt. is developing a state-of-the-art 6,550 square meter pharmaceutical...

Construction

Rural Growth Bolsters Hungary’s Declining Housing Starts

Hungary's housing completions declined by 19% in the first three quarters of 2024, with new construction in Budapest and key...

Construction

Construction Industry Ready to Play ‘Active Role’ in Stimulus Plan

Hungary's construction industry can play an "active role" in the implementation of government measures to boost economic growth, industry association...

Residential

Metrodom to Focus on Budapest as it Transitions to Premium Residential Market

András Kígyósi, sales director at Metrodom, discusses changes in the market over the past seven years and a switch in...

Office Market

Office Builders Exercise Caution in Uncertain Market

Development in the Budapest office market continues to be limited, with developers exercising caution in their strategies and new projects...

Real Estate

New Tenant Benefit System set to Disrupt Domestic Real Estate Market

CPI Hungary is offering a groundbreaking opportunity to its partners with a complex solution that is unique, even in international...

Office Market

Aréna Business Campus Reborn as Olympia

The Aréna Business Campus has been given a new name, Olympia, as it adopts what developer Atenor calls a “fresh...

Real Estate

Strong Sales, Increasing Rentals, but Retail Stock is Static

Retail and shopping center development remains understandably constrained, given concerns about spending power and increasing e-commerce use; no major mall...

Residential

Young People, Foreigners Contributing to Rise of Apartment Sales

The number of sales of used apartments increased by more than 30% and new ones by more than 50%, according...

Residential

Szentkirályi Calls for ‘Real Solutions’ to Housing Crisis

Budapest needs "real measures rather than political performances" to resolve its housing crisis, the head of the Fidesz-Christian Democrat group...

Industrial

Developers Moving to BTS Approach, but Industrial Still a Growing Sector

Industrial real estate is going through an upturn with both leading regional industrial park developers and operators and Hungarian players...

Real Estate

Developers Continue to Exercise Caution in Many Hungarian Sectors

As developers and investors must justify projects as being financially sustainable and offering favorable returns on investment, ESG issues are...

Real Estate

Real Estate Market Talk: Balancing Supply and Demand

Developers are exercising caution against a background of geopolitical and economic worries, development costs, long-term demand, and concerns over investment...

Real Estate

Budapest Hotel Sector an Attractive Investment Option

The hospitality sector is considered an attractive development and investment option; Hungary and the Central European region are popular tourist...

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...