Real Estate

Logistics

Budapest’s Logistics and Industrial Boom Continues

With industrial and logistics demand remaining high and vacancy at record lows, the boom in the sector is continuing. Analysts...

Office Market

Increasing Rates of Office Vacancy in Budapest

Companies hoping to relocate their businesses are trapped in a rigid office market, according to an analysis of H1 office...

Office Market

MBH Gondoskodás Funds Pick H2Offices as HQ

Skanska secured MBH Gondoskodás Health and MBH Gondoskodás Pension Funds as new tenants of the first phase of H2Offices, according...

Residential

Hungary Home Price Growth Continues to Slow in Q1

The price of homes in Hungary rose 4.7% year-on-year in the first quarter, slowing from an 11.7% increase in the...

Residential

Students Expected to Drive Rental Market Boom in Capital

Budapest and surrounding regions are set to experience a surge in demand for real estate as students receive their university...

Office Market

Academia Office Building Nearing Handover

The former headquarters of Raiffeisen Bank has undergone complete renovation to serve as Convergence’s Academia office building, and is now...

Residential

Home Rental Rates in Hungary Rise 13.7% in June

Home rental rates in Hungary rose 13.7% year-on-year in June, slowing after a 15.6% increase in May, data compiled by...

Sustainability

Phase 1 of East Gate Pro Business Park Gets Breeam Certification

The first halls of Wing’s East Gate Pro Business Park development, completed in the fall of 2022, have received a...

Office Market

H2Offices Awarded a Record Hungarian Leed ‘Platinum’ Score

The first phase of H2Offices, the latest Budapest development by Skanska, has been awarded a Leed “Platinum” rating with what...

Residential

Real Estate Transactions Decline in Northern Agglomeration

The real estate market in the northern agglomeration of Budapest fell to a greater extent than in the capital, writes...

Construction

Mapei Domestic Sales Slip 3% in H1

Domestic sales of the local unit of Italian building materials maker Mapei edged down 3.4% to HUF 16 billion in...

Residential

Home Prices Falling in Some Budapest Districts

The rise in second-hand housing prices in the capital has stopped in all segments this year, with home prices actually...

Logistics

Gebrüder Weiss to Set up Base in Páty

Gebrüder Weiss (GW) is set to become the first tenant of the PT2 warehouse of HelloParks Páty megapark, moving into...

Construction

Construction Output Volume Down 12% y.o.y. in May

According to raw data the volume of construction output lagged behind the previous year’s level by 12% in May 2023,...

Residential

1/4 Plan to Move Within 2 Years

A quarter of those surveyed are planning to move to a new property in the next one or two years,...

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...