Real Estate

Residential

Ingatlan.com turnover climbs 17% in 2021

Net revenue of property listings site Ingatlan.com rose 17% to HUF 3.8 billion last year, the business told state news...

Construction

Construction output volume up 42.3% y.o.y. in February

The volume of construction output in February 2022 surpassed the previous year’s level by 42.3% according to raw data published...

Residential

Rising interest rates curb demand for homes

Demand for homes in Hungary has "fallen significantly," mainly because of the increased cost of taking out a mortgage as...

Residential

Panel apartment prices skyrocket in Budapest

According to Duna House's first quarter transaction data, the average price per square meter of apartments in panel buildings (a...

Residential

Duna House board proposes HUF 32-per-share dividend

The board of listed real estate broker Duna House will propose payment of a HUF 32-per-share dividend on last year's...

Sustainability

MNB adds HUF 100 bln to Green Home Program allocation

The Monetary Council of the National Bank of Hungary (MNB) on Tuesday decided to raise the allocation for the central...

Office Market

Skanska’s Hungarian HQ awarded WELL Health and Safety certificate

Skanska’s HQ office in Hungary, located in the Nordic Light office complex, received a WELL Health & Safety certification, according...

Construction

Construction industry assoc augurs sector stagnation amid war

Hungarian construction industry association ÉVOSZ projects the sector will stagnate this year because of the impact of the war in...

Construction

Mapei targets 19% revenue rise

The local unit of Italian building materials maker Mapei targets a 19% revenue rise to HUF 33 billion this year,...

Sustainability

Property Sustainability Integrating Into Wider Regularity Systems

With the perceived growing need for third-party accountability, commercial property sustainability accreditation systems are already being designed for various project...

Office Market

MIPIM 2022 Sees Return to Large-scale Expo Events

Hungary and Central European countries such as Poland and the Czech Republic attracted a strong attendance at the 2022 MIPIM...

Sustainability

Borrowers sign contracts for HUF 125 bln of Green Home Program loans

Borrowers have signed close to 4,000 contracts for HUF 125 billion of loans in the framework of the Green Home...

Residential

Housing developers unsettled by war

"Developers are in a worse mood than buyers," is the market sentiment characterized by Tamás Kricsfalussy, executive of one of...

Construction

GVH fines construction companies over cartel activity

Hungary's competition office GVH on Thursday said it fined three construction companies a combined HUF 42.8 million over cartel activity,...

Office Market

Immofinanz signs contracts for 65,000 sqm in 2021

Immofinanz - one of the largest investors in the region - signed contracts in the retail and office sector for...

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...