Real Estate

Office Market

New Office Hotspots Develop as old Favorites Fill Up

Business districts have become increasingly widespread across Budapest with new office development areas emerging as developers look to source suitably...

Office Market

Pandemic places focus on interior environment

Office interior elements have been integrated by developers and investors into the concept, design, leasing strategy, and Property Management (PM)...

Logistics

EBRD takes over operator of Moldova’s Giurgiulesti port

The European Bank for Reconstruction and Development said on Wednesday that it has acquired 100% of the capital of the...

Construction

Biggest construction companies defy 2020 contraction

While the output of Hungary's construction sector contracted 9.1% last year, the industry's biggest players still managed to grow their...

Office Market

Full occupancy reached at CPI’s Balance Hall

CPI Hungary's Balance Hall has reached full occupancy, after two new tenants signed for a total of 4,000 sqm in...

Residential

Cordia raises investment in ARGO

Following the acquisition of Polnord in Poland and Blackswan in the U.K., Hungary-based residential developer Cordia International is continuing its...

Logistics

Axial building HUF 2 bln parts warehouse

Hungarian farm and construction industry machinery dealer Axial is building a HUF 2 billion automated parts warehouse at its base...

Office Market

The Office is Dead, Long Live the Office

There was a lovely cover on a recent issue of the New York magazine: a black and white shot of...

Construction

Construction output volume up 4.3% y.o.y.

The volume of construction output in March 2021, based on raw data, was higher than the previous year’s level by...

Sustainability

Global growth in sustainable investment funds to double in 2021

Investments in the environmental, social, and governance-based (ESG) landscape are expected to remain on a growth trajectory in 2021, the...

Office Market

Graphisoft Park Q1 earnings up despite lower rental revenue

First-quarter after-tax profit of Graphisoft Park, which owns and operates a business park in the north of Budapest, rose 17.5%...

Residential

Second-hand apartments more expensive

Second-hand apartments in Budapest became more expensive, but the growth rate of the price increase experienced before the epidemic has...

Office Market

Doktor24 doubles lease space at CityZen

Doktor24 more than doubled its leased space in the CityZen office building, managed and operated by ConvergenCE, according to a...

Office Market

Blue Cube office building gets Silver certification from Access4You

Access4You decided to award a Silver accessibility certification to S IMMO's Blue Cube office building, according to a press release...

Construction

Late payment rate in construction industry reaches 8%

Payments are now late on about 8% of construction industry invoices, up from 4% at the end of 2020, professional...

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...

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,...