Real Estate

Construction

Construction Output Volume Down 0.5% y.o.y. in August

Construction output volume, based on raw data published by the Central Statistical Office (KSH) was below the previous year’s level...

Industrial

Emphasizing Group Efforts to fly to a Greener Future

Many of the jobs created in Hungary by German investors are value-added; it is one of the reasons the government...

Industrial

Navigating Change and Innovation: Doherty’s Journey From Birmingham to Hungary

Twenty-five years after his family business manufacturing electric motor shafts moved from the U.K.’s Birmingham to Orosháza, a city of...

Office Market

ConvergenCE Officially Opens the Academia Office Center

The 12,500 sqm Academia office center redevelopment on the Pest embankment of the Danube in central District V has officially...

Construction

Slovakia Construction Growth Accelerates in August

Construction output in Slovakia expanded 4% year-on-year in August, following a 2.8% gain in the previous month, figures from the...

Logistics

Magyar Posta Inaugurates 500th Parcel Locker

State-owned postal company Magyar Posta inaugurated its 500th parcel locker at the Etele Plaza shopping center in the capital, according...

Logistics

Plan to Double Economic Weight of Logistics Sector Being Drafted

Hungary's government is drafting a package of proposals, with the involvement of industry players, to raise the forwarding and logistics...

Sustainability

The Best Ingredients for the Workplace of the Future

Dutcham recently organized an interactive workshop in collaboration with renowned Hungarian architect firm DVM group and their Dutch partner, Ditt...

Residential

Duna House Commissions Revenue Climbs 6% in Q3

Commissions revenue of Duna House's franchise network rose 6% year-on-year to HUF 3.3 billion in the third quarter, the listed...

Logistics

Faedra22 Business and Industrial Park Handed Over and Fully Leased

The nearly 16,500 sqm Grade “A” category, light industrial and logistics facility, Faedra22 was handed over in Budapest during the...

Residential

Successful Share Issue of Wing’s Subsidiary in Poland

Archicom, a company of Echo Investment Group focusing on residential developments, raised PLN 220 million in a new share issue....

Residential

Green Homes Increasingly Important in Stagnating Housing Market

While the worst of the housing market predictions made at the end of 2022 did not become a reality, the...

Residential

Cordia Undertakes new Project as it Sells 10,000th Apartment

Residential developer Cordia International, the residential arm of the Futureal Group, has sold its 10,000th apartment. This is the result...

Construction

Kész H1 Revenue Climbs 29%

First-half net sales revenue of Hungarian construction company Kész rose 29% year-on-year to HUF 109.3 billion, an earnings report posted...

Residential

Mini-apartments Remain Popular

Even in the changed real estate market conditions, mini-apartments with a small floor area of 10 to 20 sqm have...

Office Market

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,...

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...

Construction

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...

Residential

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,...

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...

Construction

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...

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....