Real Estate

Construction

Market Építő Revenue up 5% Last Year

The net sales revenue of Hungary's Market Építő rose 5% to HUF 321.7 billion in 2023, according to an annual...

Construction

Low Housing Construction Activity in Q1

In the first quarter of 2024, some 2,779 new dwellings were built, 23% fewer than a year earlier, according to...

Sustainability

Clean Air in the Office Has Positive Impact on Work Efficiency

According to a Honeywell international survey of thousands of office workers, 93% of office workers surveyed have higher indoor air...

Residential

Hungary Home Prices Climb in Q4 – MNB

Home prices in Hungary rose 5.8% year-on-year in the fourth quarter of 2023, data released by the National Bank of...

Logistics

Gebrüder Weiss Inaugurates HUF 10 bln Expansion

Austrian-owned logistics company Gebrüder Weiss Kft. inaugurated a HUF 10 billion expansion at its base in Dunaharaszti (20 km southeast...

Sustainability

Wizz Air Looking to Sustainable Air Fuels to Take Flight

The ultra-low-cost airline Wizz Air, which claims to be Europe’s fastest-growing and greenest airline, has announced that it aims to...

Industrial

Industrial Developers Committed to Sustainability Accredited Complexes

The 45,000 sqm MG3 warehouse at HelloParks Maglód in Greater Budapest is the first industrial property in Hungary to achieve...

Residential

Conditions for New Home Renovation Grant Softened

Starting June 3, subsidies are available under the Home Renovation Program, which allows owners of nearly 20,000 domestic family and...

Office Market

Wizz Air Relocates to new HQ in Millennium Tower

The Hungarian ultra-low-cost airline Wizz Air has relocated its headquarters to the Breeam-accredited Millennium Tower by TriGranit at the Millennium...

Logistics

Rail Cargo Group Leases Logisztár Terminal to S. Korean Logistics Firm

Christoph Grasl, member of the board of Rail Cargo Group handed over the keys of the Logisztár Terminal operating in...

Industrial

Hungary’s Light Industrial Boom Continues Apace

The industrial market is booming, with leading CEE regional industrial park operators and Hungarian developers participating in an increasingly active...

Industrial

Sustainability, ESG, and EU Taxonomy to the Fore

Industrial and logistics developers are delivering ever more complex products in response to stricter ESG, EU Taxonomy and sustainability regulations....

Industrial

CEE Industrial Market Continues to Thrive

When it comes to development and demand, the Central European logistics and industrial markets have been thriving. That said, total...

Industrial

Faedra22 Logistics Center Sold to German Investors

The Faedra22 logistics center has been sold to a German investor. It is the second such development by the Hungarian...

Residential

Cordia’s Marina City Project Begins

The development of the Marina City project, Cordia’s latest urban rehabilitation development, on the Pest side of the Danube has...

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...