Real Estate

Construction

Construction output volume up 22.5% y.o.y. in July

The volume of construction output in July 2021 surpassed the level one year earlier by 22.5% according to raw data...

Sustainability

CPI Hungary announces switch to green energy from 2022

From 2022, CPI Hungary will supply the electricity needed to run its property portfolio exclusively from renewable sources, enabling tenants...

Construction

Houses could remain unfinished due to material costs

There has been a drastic rise in the price of building materials over the past year, but the phenomenon is...

Construction

Almost 3/4 of construction companies project higher revenue

Around 74% of Hungarian construction companies expect their net turnover to climb this year, a survey by industry association ÉVOSZ...

Office Market

Wing announces new office development HOP Passage

Wing, one of the largest real estate companies in Hungary, is launching a new office development: HOP Passage will be...

Residential

Listing prices for resale homes in central Budapest climb 6%

Listing prices for resale homes in the inner districts of the Pest side of the capital increased around 6pc in...

Residential

Fewer people moved residences during pandemic

The direction and extent of the domestic population movement, which was considered more or less constant for some time, changed...

Office Market

ConvergenCE sells Árpád Center

ConvergenCE closed the sale of Árpád Center, a popular office building at the junction of Árpád híd and Váci út,...

Office Market

Premium restaurant and canteen to be opened in H2Offices

Restaurant service provider Kantin is the first tenant announced at Skanska's latest office development project H2Offices....

Construction

Building materials price inflation eases 

The price of building materials, such as wood and steel, has fallen 10-15% as local businesses have sought alternative suppliers,...

Office Market

Millenium Gardens to feature bistro-style restaurant

TriGranit, the developer of Millennium Gardens and the Kantin restaurant chain, which focuses on premium office catering, have agreed to...

Residential

Real estate prices in Vas County up 10% in H1

According to Duna House, real estate prices in Vas County increased by 10% in the first half of this year...

Residential

Hungary home sales down 5% in August

Home sales in Hungary fell 5% year-on-year to 11,304 in August, as more Hungarians than usual went on vacation, listed...

Residential

IMMOFINANZ expands portfolio to include sustainable housing

IMMOFINANZ is now expanding its real estate offering to include affordable and sustainable housing, with the company planning to create...

Residential

Pandemic boosts sales of summer homes in Hungary

Sales of summer homes in Hungary rose 20-25% to around 7,000 last year, broker Otthon Centrum said on Monday, according...

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...