Real Estate

Construction

Construction Output in Hungary Down 3.6% y.o.y. in January

According to raw data published by the Central Statistical Office (KSH), the volume of construction output in January 2023 lagged...

Logistics

Almost 500,000 sqm Rental Logistics Real Estate Inaugurated in 2022

Last year, 482,000 sqm of new industrial and logistics properties developed for renting were inaugurated in Hungary, with 30% of...

Construction

Architecture Legislation Proposes Chief Architect Roles

The Act on Hungarian Architecture proposes a three-level chief architect system, which includes a national chief architect, a state chief...

Residential

Jysk: Half of Hungarians Renovated Last Year

Most Hungarians spend money on their home for practical reasons, according to research from Danish furniture retailer Jysk, writes business...

Office Market

World’s Leading Recruitment Agency Moving to Academia

Working for your tomorrow - is the slogan of Hays Hungary Kft., founded in 2007. The Hungarian firm, which is...

Office Market

Skanska Completes Phase 1 of H2Offices

Skanska has completed the first 27,000 sqm phase of its 67,000 sqm H2Offices project in the Váci Corridor. The development...

Construction

Gov’t Revising Construction Laws

The government has revised all laws governing construction and the protection of monuments, and these will be reorganized into a...

Sustainability

Phase 2 of Budapest Airport’s Noise Protection Program Starts

Budapest Airport launched the second phase of its Noise Protection Program yesterday, reducing noise burdens for people leaving in the...

Office Market

Kostal Group Opens Central Hub in Budapest

Kostal Group, a German family-owned company, opened its new sustainable flagship office in Budapest, according to a press release sent...

Sustainability

Energy-efficient Buildings Key to Hitting Climate Targets

The European Union could reduce energy use by 6% and CO2 emissions by 5% by upgrading the existing building stock....

Construction

Hungarians Hesitant About Renovation Decisions

The Ikea Life at Home 2022 consumer survey revealed that Hungarians are cautious for the time being, and are now...

Residential

Rise in Real Estate Prices Expected Over the Summer

In certain segments of the real estate market, prices are still expected to drop in the coming months, but from...

Office Market

Atenor Developing on 4 ESG Pillars

Belgian real estate developer Atenor is present in 10 countries in Europe, including, since 2008, Hungary. A leading “campus developer,”...

Office Market

ESG and Financial Issues Have Dual Impact on Commercial Real Estate

ESG criteria are increasingly utilized in the real estate sector from development and investment perspectives. The industry is expected to...

Construction

Several Trillion HUF in EU Funds Incoming to Construction Industry

In the current EU budget cycle, several trillion forints of EU funds may come to the construction industry, announced Szabolcs...

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...