Real Estate

Office Market

New Tenant in Wing’s Hungária Office Park Development

Another significant tech company has chosen Hungária Office Park (HOP), a Wing development. Lightware Zrt. is moving its headquarters to...

Office Market

Industrial Market Developing in Cities Across Hungary

Total stock in the Hungarian industrial market had reached 4.7 million sqm as of the end of the first quarter,...

Residential

Investment Accounts for 27% of Home Purchases 

According to an analysis by real estate broker Duna House, investment buyers accounted for 27% of all home purchases in...

Residential

Overvaluation Eases on Hungary Home Market as Demand Falls

Overvaluation on Hungary's home market is easing as demand falls, the National Bank of Hungary (MNB) said in a biannual...

Logistics

Budapest Airport Tops out Cargo Base Expansion

Liszt Ferenc International operator Budapest Airport topped out an expansion of its cargo base last week, according to a report...

Office Market

PM and FM Role Becoming Increasingly Enhanced

Ever more sophisticated requirements from tenants and staff, concerns over rising utility prices, and the increasingly central role of ESG...

Office Market

Challenges of CBD Development Lead to Multiple Budapest Office Districts

One of the significant challenges for office developers in Budapest is to source suitably-sized development plots with direct public and...

Office Market

Subdued Office Development Activity for 2023

A limited number of office development projects are expected to be undertaken in the immediate future. Developers are exercising caution...

Office Market

3rd-party Accreditation Setting the Standards for Office Interiors

Office interiors are now an intrinsic part of the project concept, design, leasing strategy, and property and facility management of...

Office Market

Uncertainty Seen Across Central European Markets

Total supply in the Budapest office market has reached 4.3 million sqm, 3.5 million sqm of which is speculative space....

Office Market

Market Talk: Questions Around Supply and Demand but ESG Grows in Significance

This Budapest Business Journal’s Office Special Report examines the Budapest market from the perspective of the issues facing developers and...

Office Market

Wing Announces New Boutique Office Project in Liget Center

Real estate developer Wing has announced the addition of a new office building to its Liget Center project, called Liget...

Office Market

Rejuvenated Park Atrium Welcomes DDB

A major player in the creative industry worldwide, advertising agency DDB signed a lease contract with Dereif Hungary to occupy...

Construction

Hungary Construction Output Volume Shrinks in March

According to raw data, the volume of construction output in March 2023 lagged behind the previous year’s level by 9.8%,...

Construction

Slovak Construction Output Shrinks in April

Construction output in Slovakia shrank 10.1% year-on-year in April, reversing from a 9.2% growth in the previous month, data from...

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...