Real Estate

Sustainability

Change Ahead on Corporate Loans: Banks to Screen for Sustainability Risks

Hungarian companies face significant changes in sustainability and ESG obligations this year, as was made clear at the Grant Thornton...

Office Market

Office Usage Habits Changing, Value of Liveable Spaces Increasing

The coronavirus epidemic and the rise of the home office have shaken up the office market. In line with international...

Sustainability

Hungarian Architects Using Space Tech to Reduce Carbon Emissions

Hungarian architecture firm Paulinyi & Partners has signed a contract with the European Space Agency (ESA) to participate in the...

Office Market

Investment Activity Restrained Across CEE Region in 2023

Total CEE investment for 2023 stood at around EUR 4.9 billion, according to preliminary figures from Colliers. The forecast for...

Construction

Construction Sector Output Drops 4.3%

The output of Hungary's construction sector dropped 4.3% year-on-year in December, according to data released by the Central Statistical Office...

Residential

Home Rental Rates in Hungary Rise 12.6% in January

Home rental rates in Hungary rose 12.6% year-on-year in January, data compiled by the Central Statistical Office (KSH) from listings...

Residential

National and Capital Real Estate Prices Diverge

National and capital real estate prices followed different paths in January, with housing prices decreasing minimally nationally, while a significant...

Construction

Hungaroring Upgrade Advancing ‘Full Steam Ahead’

The upgrade of the Hungaroring race track on the outskirts of Budapest, home to the Formula 1 Hungarian Grand Prix,...

Office Market

Developers Must Meet Demands of Tenants’ Staff

The recently completed 12,500 sqm Academia office redevelopment and renovation project by ConvergenCE and Europa Capital in Pest’ District V...

Office Market

Worker Requirements Becoming More Sophisticated

The office environment, its amenities and location are an intrinsic part of any project concept, design, and leasing strategy. This...

Office Market

Hybrid Work Model Looks Here to Stay, but at What Ratio?

A hybrid work model, whereby employees use a combination of in-office and remote days, is increasingly becoming the norm in...

Office Market

The Future of Hungary’s Occupational Landscape

The Budapest Business Journal quizzed consulting professionals across Budapest to highlight trends regarding employees’ return to the workplace, hybrid work...

Office Market

Outdated Administration Methods Among Most Frustrating Office Problems

If you are an employer finding it hard to persuade staff back to the office, perhaps your HR administration is...

Office Market

Higher-specified Office Projects the Order of the Day

The Budapest office pipeline is low; developers are exercising caution, and new projects are being put on hold given the...

Residential

Rural Sublet Market Prices up 30% Last Year

A significant price increase can be seen in the rural sublet market, according to Otthon Centrum's analysis, as the average...

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...