Real Estate

Sustainability

Sustainability and Equality: How can a Telco Contribute?

Sustainability and gender equality are among the most pressing issues of the 21st century. To make progress in these areas,...

Construction

Wing and Accor Agree Hotel Development

Wing and Accor have concluded a long-term agreement for a 12,000-plus sqm hotel at the 42,000 sqm Liberty office development...

Construction

Construction output volume up 14.2% y.o.y. in September

The volume of construction output in September 2021 surpassed the previous year’s level by 14.2% according to raw data published...

Office Market

Nordic Light Trio gets WELL Gold Certification

Nordic Light Trio, Skanska’s development in the heart of the Váci office hub became the first office building for Skanska...

Logistics

Furniture1, Karzol-Trans become HelloParks Maglód’s latest tenants

Furniture1, one of the largest online furniture stores in Hungary, and logistics company Karzol-Trans logistic company are the latest tenants...

Office Market

BudaPart Gate sold to S IMMO AG

The 20,000 sqm BudaPart Gate office building was sold in full by Market Építő to Vienna-based S IMMO AG for...

Residential

Cordia to build 366 more rental apartments in the U.K.

Hungary-based developer Cordia is continuing its expansion in the U.K. residential property market: its local subsidiary is building a complex...

Construction

Retail Offerings Must Move With the Times

It hasn’t been an easy few years for retail developers. Concerns over the level of consumer spending in the wake...

Industrial

Hungary’s Industrial Market Positively Booming

Analysts see the industrial and logistics market as the real estate sector in the most favorable post-pandemic position, with the...

Office Market

Positive Views on Office, Despite Many Challenges

The office market faces challenges regarding financing, demand, pre-leasing requirements, tenant specification, staff requirements, and, not least, working habits for...

Construction

Post-pandemic Real Estate Winners and Losers

An overview of the prospects for real estate development must consider the availability of financing, demand and pre-leasing, sustainability and...

Office Market

Market Talk: Development in a Post-COVID Hungary

Opinions differ as to how many planned development projects are going ahead in a changing market environment regarding financing, leasing,...

Construction

Full Hotel Recovery Likely to Take 2-3 Years

The Budapest Business Journal talks with Péter Takács of VLK Cresa about the state of hotel development in Hungary. A...

Residential

Capital home price appreciation outpaced in other cities

Prices of homes in the capital increased at just half of the pace prices rose in other cities around the...

Residential

Home building permit issues up 30% y.o.y. in Q1-Q3

Some 12,642 new homes were built in the first three quarters of 2021, while the number of issued home construction...

Industrial

Growing Predominance of BTS in Industrial Development

Analysts see fewer speculative industrial development project starts, while built-to-suit projects, particularly in regional hubs in the production sector, have...

Real Estate

Optimism on Stage, Reality in the Market: Is European Real Estate Really Recovering?

The recent Portfolio Property Investment Forum in Budapest and Expo Real in Munich offered two contrasting perspectives on the commercial...

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...

Growing Predominance of BTS in Industrial Development

Analysts see fewer speculative industrial development project starts, while built-to-suit projects, particularly in regional hubs in the production sector, have...

Optimism on Stage, Reality in the Market: Is European Real Estate Really Recovering?

The recent Portfolio Property Investment Forum in Budapest and Expo Real in Munich offered two contrasting perspectives on the commercial...

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...