Real Estate

Construction

Construction output volume up 3.3% y.o.y. in January

The volume of construction output in January 2022 surpassed the previous year’s level by 3.3% according to raw data released...

Sustainability

Real estate owners turn to tech to achieve sustainability

Reducing carbon emissions is now a top priority for real estate owners since numerous investors have committed to reaching net-zero...

Office Market

Colliers discontinues operations in Russia, Belarus

Canada-based diversified professional services and investment management company Colliers decided to discontinue its operations in Russia and Belarus, according to...

Residential

Futureal-Cordia-HelloParks Group helping Ukrainian refugees with HUF 300 mln, shelter

The Futureal-Cordia-HelloParks Group will donate HUF 300 mln in addition to the amount raised by its employees to support humanitarian...

Residential

Real estate prices growing faster

Real estate prices are growing faster than earnings and the trend shows that there will be no stagnation in the...

Logistics

Magyar Posta inaugurates HUF 3 bln parcel depot

State-owned postal company Magyar Posta inaugurated a HUF 3 billion parcel depot in the industrial park of Tatabánya on Friday,...

Office Market

Significant Increase in Green Office Stock

The Budapest office market is estimated to have seen an increase of nearly 180,000 sqm of green office space for...

Residential

Lenders disburse HUF 77 bln under Green Home Program

Lenders have disbursed about HUF 77 billion of credit under the Green Home Program of the National Bank of Hungary...

Residential

Home sales fall 5% y.o.y. in February

Home sales in Hungary fell 5% year-on-year to 13,793 in February, according to an estimate by listed real estate broker...

Office Market

Akadémia Business Center marks rebirth with new identity

Europa Capital and ConvergenCE announced the rebranding of the recently acquired Akadémia Business Center in the heart of Budapest. Alongside...

Construction

Construction industry faces ‘more difficult’ year in 2022

Hungary's construction companies finished a "fantastic year" in 2021, but face a "more difficult" one in 2022, the head of...

Construction

Housing construction down 29% in 2021

In 2021, a total of 19,898 new dwellings were built in Hungary, about 29% fewer than in 2020, according to...

Construction

Masterplast earnings climb on construction industry upswing

Fourth-quarter net income of listed Hungarian building materials maker Masterplast rose 16% year-on-year to EUR 1.808 million boosted by strong...

Construction

BuildEXT targets 40% revenue rise this year

BuildEXT, a Hungarian architecture and project management company specialized in building information modeling (BIM), yesterday said it targets a 40%...

Office Market

Graphisoft Park earnings climb 9% in 2021

After-tax profit of Graphisoft Park, which owns and operates a business park in the north of Budapest, rose 9% to...

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...