Real Estate

Office Market

H2Offices project gets WELL v2 Core, Shell pre-certification

The International WELL Building Institute (IWBI), the global organization responsible for the certification of healthy, human-centered office spaces, has awarded...

Office Market

Budapest modern office stock at 3,935,990 sqm in Q1

The total modern office stock in Budapest added up to 3,935,990 sqm in Q1 2021, according to data compiled by...

Office Market

Philip Morris extends lease in Kálvin Square office building

Philip Morris Hungary Ltd. has extended its lease agreement in Kálvin Square office building, managed and operated by ConvergenCE, according...

Office Market

Trenkwalder picks Balance Building for Budapest HQ

International personnel service group Trenkwalder chose CPI Hungary's Balance Building as the new location for its Budapest headquarters, according to...

Logistics

InPost wants to open over dozen logistics hubs all over Poland

Delivery platform for e-commerce InPost will launch over a dozen more logistics hubs throughout Poland. The facilities will be built...

Construction

Construction output volume down 16.1% y.o.y. in February

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

Logistics

WING to expand Login Business Park with new hall

Real estate company WING announced expanding Login Business Park by adding a new stand-alone hall, with a floor space of...

Construction

Construction industry turnover could climb 9-10% in 2021

Construction industry turnover could climb 9-10% this year, state news wire MTI reports, citing a survey of 400 companies by...

Office Market

Skanska and Business Link report: New normal of the office market

The pandemic has forever changed the reality of how offices operate and accelerated processes that would normally take years. One...

Residential

Prices of resale homes in central Budapest fall

Prices of resale homes in central Budapest as well as in outlying districts on the Pest side of the capital...

Residential

Duna House commissions revenue climbs 37% in Q1

Revenue from commissions of listed real estate broker Duna House rose 37% year-on-year to HUF 3.39 billion, preliminary data released...

Office Market

IMMOFINANZ leases 21,000 sqm of office space in Budapest

In IMMOFINANZ's Hungarian portfolio, several lease agreements and extensions of almost 21,000 sqm have been completed so far in 2021,...

Residential

Around 72,000 Hungarian households plan home purchases

Around 72,000 Hungarian households have firm plans to purchase or build a home in the coming twelve months, a quarterly...

Office Market

EY continues expansion with new office in Pécs

EY is strengthening its presence in Hungary with a new office in Pécs, becoming the first Big Four firm in...

Residential

Home renovation applications at Erste Bank near HUF 2 bln

Since the start of the home renovation loan scheme in February, Erste Bank has received applications worth almost HUF 2...

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...