Real Estate

Residential

25,000 Apartments Being Built in Budapest

About 25,000 new apartments are being built in Budapest, according to a March housing market survey from Otthon Centrum....

Residential

Real Estate Continues to Strengthen in March

The real estate market continued to strengthen in March; the domestic market closed with 30,154 transactions in the first quarter,...

Residential

Share of 1st Time Home Buyers Climbs

The share of first-time buyers on Hungary's real estate market is on the rise, supported by lower interest rates, the...

Office Market

IWG Set for Record Network Growth

Flexible workspace provider IWG anticipates record network growth in 2024, as businesses of all sizes embrace the benefits of hybrid...

Construction

Slovak Construction Output Drops at Softer Pace in February

Slovakia's construction output fell 0.4% year-on-year in February, easing sharply from a 10% decline in the previous month, data released...

Residential

Home Rental Rates in Hungary Rise 11.7% in March

Home rental rates in Hungary rose 11.7% year-on-year in March, data compiled by the Central Statistical Office (KSH) from listings...

Construction

Construction Output Volume Rises in February

Construction output volume, based on raw data by the Central Statistical Office (KSH), surpassed the previous year’s level by 3.2%...

Residential

Energia21 Members Welcome Gov’t Home Renovation Scheme

Members of Energia21, an initiative to accelerate the transition to a green economy, welcomed the recent announcement of a subsidy...

Office Market

Wizz Air Moves Headquarters to Millennium Tower

Low-cost airline Wizz Air has relocated its headquarters to Millennium City Center office park in Budapest, securing an 8,000 sqm...

Office Market

Restaurant Gourmenza Opens in H2Offices

The first phase of H2Offices is now home to premium restaurant Gourmenza. Spread over 690 sqm, with a 123 sqm...

Residential

Real Estate Market Strengthened in March

The real estate market continued to strengthen in March, according to data from Duna House....

Residential

Gov’t Announces HUF 108 bln Scheme for Home Energy Efficiency Upgrades

The government will launch a HUF 108 bln subsidy scheme for energy improvements in homes built before 1990, state secretary...

Construction

Buyers Spent 7% More on Building a Home Than Last Year 

Buyers spent 7% more than last year, almost HUF 43 million, on building a home at the beginning of 2024,...

Residential

Rent Subsidy Program Could Cleanse Sublet Market

The state rent subsidy programs starting in the spring can contribute to the cleaning of the sublet market, according to...

Office Market

Good Hungarian Representation at Mipim 2024

Against a background of a challenging economic and geopolitical environment, more than 20,000 real estate and investment professionals from 90...

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...