Real Estate

Residential

Home Rental Rates in Hungary Rise 10.5% in May

Home rental rates in Hungary rose 10.5% year-on-year in May, data compiled by the Central Statistical Office (KSH) from listings...

Residential

Pickup Expected in Balaton Property Market

Real estate agents are expecting a revival in the holiday property market, and buyers are expecting an expanding offer at...

Office Market

Atenor Receives BakerStreet Occupancy Permit

The first 16,600 sqm phase of BakerStreet has successfully obtained its occupancy permit. The project, in South Buda, has been...

Office Market

Challenging Market Environment Means Limited Office Pipeline

New projects in the Budapest office market remain limited as developers exercise caution given the uncertain cost and demand environment....

Office Market

Real Estate: Office Market Talk 2024

The Budapest Business Journal’s real estate editor, Gary J. Morrell, canvassed some of the leading players in Budapest’s office market...

Office Market

HB Reavis Aims to Become ‘Best, Most Efficient’ Asset Manager

When work commenced on Agora Budapest in March 2017, it was envisaged as a dual-phased multi-use complex. The original elements,...

Office Market

Office Demand Undergoing Fundamental Changes

As demand has fallen in the Budapest office market, overall vacancy has risen. There are other concerns at play, however,...

Office Market

Investment Market Entering Transitional Phase

High-end offices have traditionally been seen as a prize investment destination. However, as with other sectors, the market is going...

Office Market

CEE Office Markets Face Common Challenges

Office pipelines across Central and Eastern Europe are restrained, and few new projects have been initiated in what is an...

Logistics

Construction Work Underway on New Rossmann Base in Hungary

The management of Rossmann, together with the investor, the developer and the contractor, celebrated the erection of the first columns...

Residential

Close to 5,000 City Dwellers Apply for Home Purchase Subsidies

Almost 5,000 applications were submitted for the Home Purchase Subsidy Scheme (CSOK) Plus for city dwellers in the first four...

Sustainability

Modernization Could Save 16% of Annual Energy Consumption

Hungary could save 16% of its annual energy consumption if all energy-obsolete residential and public buildings were modernized, writes Másfélfok,...

Construction

1st Phase of Hungaroring Upgrade Completed

The first phase of an upgrade of the Hungaroring race track on the outskirts of Budapest, home to the Formula...

Residential

Movement Already Visible on Sublet Market

While the sublet market's primary season begins in two months, movement is already visible, according to profitline.hu....

Sustainability

Budapest Airport Opens Applications for Next Phase of Noise Protection Program

The noise protection program supported by Budapest Airport is continuing with the inclusion of additional areas in Districts X, XVII,...

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...