Real Estate

Sustainability

EU Targets Climate Neutrality With Carbon Duty

By last summer, the European Commission presented the Fit for 55 climate action package, the main objective of which is...

Logistics

Foxpost aims to have 850 parcel lockers by year-end

Foxpost now operates 560 parcel lockers across the country and plans to raise that number to 850 by year-end, CEO...

Residential

Cordia starts construction of luxury apartments in Spain

Residential developer Cordia has started the construction of Jade Tower on the Costa del Sol in Spain and direct sales...

Construction

Construction output volume up 3.2% y.o.y. in April

The volume of construction output in April 2022 surpassed the previous year’s level by 3.2%, according to raw data published...

Residential

Treasury receives 3,000 home renovation applications per week

From the start of the program until the end of May this year, the Hungarian State Treasury (MÁK) has received...

Residential

7.8% ‘certain’ to use home renovation subsidies by yearend

A survey by economic research institute GKI and building materials maker Masterplast shows 7.8% of Hungarian households are "certain" to...

Office Market

CEE Investments Return to Pre-pandemic Levels in Q1

At EUR 2.83 billion for the first quarter of the year, Central and Eastern European (Bulgaria, the Czech Republic, Hungary,...

Sustainability

New Definition of ESG Adapted to Hungarian Conditions

There has been no centralized guideline for ESG criteria that everybody accepts and can adopt. Therefore, a clear definition and...

Residential

Close to 1/3 of home construction, renovation projects overbudget

Around 32% of Hungarians building or renovating homes have had to pay more than planned because of the shortage of...

Logistics

Alza signs lease agreement with GLP for 22,000 sqm warehouse

GLP and Alza have signed a long-term lease agreement for a 22,000 sqm warehouse called the Sziget Logistics Center, according...

Residential

Residential property market picks up steam in May

After a relatively quiet April, activity on the Hungarian real estate market increased in May, according to estimates by Duna...

Residential

Home rental rates rise 19% y.o.y. in April

Home rental rates in Hungary rose 19% year-on-year in April, according to data compiled by the Central Statistical Office (KSH)...

Residential

Italian acquisition boosts Duna House business in Q1

First-quarter net income of listed real estate broker Duna House increased 71% year-on-year to HUF 552 million as revenue jumped...

Residential

Balaton real estate price growth slows

The real estate price increase on the shore of Lake Balaton has slightly slowed down, according to a survey by...

Sustainability

Prof Mark Maslin: ‘It’s a life-and-death fight to save the Earth’

Members of the Business Council for Sustainable Development in Hungary were given a no punches pulled assessment of the environmental...

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....