Real Estate

Office Market

Academia Receives Well Pre-certification

ConvergenCE's Academia office building has received a Well pre-certification, according to a press release sent to the Budapest Business Journal....

Sustainability

ESG Compatibility: The Future of the Real Estate Market

A paradigm shift in real estate development, rising vacancy rates, tenant caution and a change in the function of facilities...

Sustainability

Budapest Airport Publishes Its 2nd Sustainability Report

Budapest Airport published its latest sustainability report this month. The report for 2022 is Budapest Airport’s second report, following the...

Construction

Hungarian Construction Industry Employing 15,000-20,000 Foreigners

Hungarian construction industry companies employed between 15,000 and 20,000 foreigners in 2023, industry association Évosz said on Tuesday, according to...

Construction

Construction Sector Output Edges up 0.1% y.o.y. in October

The output of Hungary's construction sector edged up 0.1% year-on-year in October, after falling 6% in the previous month, according...

Residential

Real Estate Prices Declined in November

Hungary saw a decrease in real estate prices in November, according to infostart.hu. The average fall was 0.2%, but there...

Sustainability

Access4you Joins RICS Tech Partner Program

Access4you International has joined the RICS Tech Partner Program, and as a member of this collaboration platform, Access4you has become...

Residential

Realis Development Enters Real Estate Market

Realis Development, a new development company brought to life by three experienced real estate market players, has entered the Hungarian...

Construction

Slovak Construction Output Growth Eases in October

Slovakia's construction output growth eased to 5% year-on-year in October, down from September's seven-month high of 6%, data from the...

Logistics

MG3 Warehouse Attains Highest Sustainability Rating

The 45,000 sqm MG3 warehouse at HelloParks Maglód has become the first industrial property in Hungary to achieve the highest,...

Residential

Slow Recovery for Housing Market Expected Next Year

After this year's sudden decline, a slow recovery may begin on the housing market in 2024, writes profitline.hu....

Residential

Hungarian Residential Properties Attractive for Foreign Investors

Compared to other cities, gross yields in Budapest, calculated from purchase prices and revenue from rent, are among the highest,...

Sustainability

Embracing the Circular Economy: The Path to Sustainable Growth

The Sixth Circular Economy Summit, a landmark event in sustainable business practices, gathered nearly 150 experts and enthusiasts to highlight...

Industrial

Industrial Developers Delivering Sustainability-accredited Warehouses

The international freight and logistics service provider Transdanubia has signed a 24,000 sqm lease in the PT3 hall of HelloParks...

Office Market

FIABCI: Hungarian Prix d’Excellence Attracts Record 50 Entrants

This year’s 25th anniversary FIABCI-Hungarian Prix d’Excellence International Real Estate Federation competition attracted a record 50 developments, ending in a...

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...