Real Estate

Residential

Cordia Successfully Completes Structure of Jade Tower

More than two months ahead of schedule, Cordia, member of Futureal Group - one of the largest property developer and...

Construction

Construction Materials Prices Stagnate Except Cement

Except for cement and cement-based construction materials, the price of the most essential products will only stagnate or rise slightly...

Logistics

Take-up on Budapest Logistics Property Market Falls 7% in Q4

Take-up on the logistics property market in and around Budapest fell 7% year-on-year to 222,700 sqm in the fourth quarter,...

Construction

Gov’t Awards Over HUF 523 bln in Home Renovation Subsidies

The government awarded over HUF 523 bln in home renovation subsidies to 250,000 families in the framework of a two-year...

Residential

Resale Home Price Values Outside Budapest Fall

Home prices fell outside of the capital in the fourth quarter compared to Q3, real estate broker Otthon Centrum said...

Residential

Home Rental Rates in Hungary Rise 20% in December 

Home rental rates in Hungary rose 20.2% year-on-year in December, data compiled by the Central Statistical Office (KSH) from listings...

Office Market

Orbico Hungary to Move to H2Offices

International distribution and logistics provider Orbico Hungary has signed a long-term lease agreement for 1,253 sqm office space with a...

Construction

Koji: 2023 Uncertain for Construction Industry

2023 will be a year of uncertainty in the construction industry, László Koji, president of Évosz, told portfolio.hu....

Office Market

The Etele Plaza Achieves Breeam ‘Very Good’ Certification

The 55,000 sqm Etele Plaza by Futureal has been awarded Breeam “Very Good” certification. This is part of a trend...

Construction

Construction Sector Could Contract 15% This Year

Hungary's construction sector could contract 10-15% this year, based on feedback from industry insiders, the head of the professional association...

Residential

Q4 Resale Flat Prices Fell 3.5%

The average price of resale flats in Budapest fell 3.5% in the fourth quarter compared to Q3, real estate broker...

Office Market

Renovation of Krausz Palace Approaches Completion

The modernization of the Krausz Palace on Budapest's Andrássy út is nearing completion, according to a press release sent to...

Construction

Construction Output in Hungary up 7% y.o.y. in November

According to raw data published by the Central Statistical Office (KSH). the volume of construction output in November 2022 surpassed...

Sustainability

Etele Plaza Achieves Breeam ‘Very Good’ Certification

Etele Plaza became the first building in Hungary to achieve a Breeam "Very Good" certification in the retail category, according...

Residential

Older Housing Prices Could Slow This Year

Prices for more energy-intensive, less modern housing could fall, and the overall rate of price increases could slow significantly in...

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...